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{
    "id": 1353488,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1353488/?format=api",
    "text_counter": 354,
    "type": "speech",
    "speaker_name": "West Mugirango, JP",
    "speaker_title": "Hon. Stephen Mogaka",
    "speaker": null,
    "content": "We need to stabilise our currency vis-a-vis the foreign currencies, particularly the greenback and Euro which are international currency denominations with which we trade. Unless we do that, which is not very easy at the moment, we will continue receiving a beating. Our debt book will continue ballooning without extra borrowing. Our revenues that are meant to be spent on developing this country will obviously be diverted because debt payment takes priority, before we finance our development and recurrent expenditure. Therefore, it is not a wonder that there are delays from the Exchequer in fulfilling or servicing anything in this Republic. I thank you, Hon. Temporary Speaker, for giving me this opportunity to contribute."
}