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"id": 1356775,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1356775/?format=api",
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"type": "speech",
"speaker_name": "Navakholo, ODM",
"speaker_title": "Hon. Emmanuel Wangwe",
"speaker": null,
"content": "I also thank the President in the manner in which he reported to the House the repayment of national debt of more than Ksh500 billions of Eurobond, which is a good move. When our country is put in the red, it does not only affects our country, but also those in the private sector. We have business people who do offshore trading and invest using foreign banks. When our country is in the red, definitely, individual rating also comes down. Therefore, it is important to thank the President for taking an initiative to tell the country that he will pay the Eurobond. In the same footing, we should ask if we spent the money well. How did the money from Eurobond proceeds come into the country? These are issues that the relevant agencies must help the President address. Henceforth, what are we likely to see? Let us see good use of public resources as and when the Government borrows."
}