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{
"id": 1353390,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1353390/?format=api",
"text_counter": 256,
"type": "speech",
"speaker_name": "Kipipiri, UDA",
"speaker_title": "Hon. Wanjiku Muhia",
"speaker": null,
"content": "From a regional perspective, the issue of foreign exchange will come to an end when we have a common currency. Some years back, Kenya felt like the region’s “big brother” when we brought up the subject of a common currency. Kenyans thought about who will carry countries A and X. I do not think that conversation is still ongoing today. If we have a common regional currency, we can negotiate on debts from a stronger position. Some countries like China have an appetite for lending. If we have a common regional currency, there is no way they will lend to us in US dollars. They will have no choice but to lend to us in our common currency."
}