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{
    "id": 1356781,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1356781/?format=api",
    "text_counter": 141,
    "type": "speech",
    "speaker_name": "Nominated, UDA",
    "speaker_title": "Hon. Dorothy Muthoni",
    "speaker": null,
    "content": " Hon. Deputy Speaker, the Kenya Kwanza regime aims at addressing three primary challenges: external shocks, physical distress and structural imbalances. The national revenue is Ksh2.4 trillion and our debt redemption is Ksh1.2 trillion, which is half the revenue. The interest is around Ksh600 billion which is a quarter of the revenue. Part of the measures taken are to subsidise production to ensure agriculture transformation and allocating money to those at the bottom of the pyramid. I am saying this because when the President was campaigning, he did it on the platform of the Bottom-up Economy. Increasing the velocity of money into the market is what will revive our economy. If we look at what happened in other countries like Eastern Asia, industrialisation took place alongside green revolution. Additionally, the Government aims at addressing the forex risk as an important driver of the micro-economic instability. Having listened keenly to the address by His Excellency the President of the Republic of Kenya, I noted that he is very keen on three areas. One, is on the issue of job creation for our youth. It is not a myth but a reality that His Excellency the President has tried to address that. As we speak, we all appreciate the 56,000 jobs that are already in existence, courtesy of what the President promised when he was signing the Education Charter during his campaign. 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."
}