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{
    "id": 1353391,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1353391/?format=api",
    "text_counter": 257,
    "type": "speech",
    "speaker_name": "Kipipiri, UDA",
    "speaker_title": "Hon. Wanjiku Muhia",
    "speaker": null,
    "content": "We postponed the timeframe for getting a common currency from 2019 to 2024. We currently estimate to have a common currency by 2030. Times and interests are changing. A common currency will help us in international trade, particularly in the cost of conversion. Developing countries cannot grow with an unstable currency. Stabilising a foreign currency is impossible. It is only possible with our currency. We may be unable to control the world's macro and micro economics alone as a country, but we can do so as a region. We boast about having seven partner States within our region. We are still growing. Somalia is coming on board, and Ethiopia may come on board in future. A block of 10 countries will be big enough to dictate regional economic growth under a common currency. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}