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"id": 1357038,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1357038/?format=api",
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"type": "speech",
"speaker_name": "Sen. Sifuna",
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"speaker": {
"id": 13599,
"legal_name": "Sifuna Edwin Watenya",
"slug": "sifuna-edwin-watenya"
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"content": "Thank you, Mr. Speaker, Sir. During the debate yesterday, I made certain assertions on the Floor of the House and requested that you allow me time to table evidence to support the assertions. There were three matters that I was required to substantiate. I am going to substantiate two of those and withdraw one. Mr. Speaker, Sir, the one I am going to withdraw was on the question of whether the Wi-Fi at city markets are working. My idea of substantiation was to prepare sworn affidavits by traders in those markets to demonstrate that, in fact, those Wi-Fi hotspots do not work. Due to the time that it is taking to produce those affidavits, I withdraw that remark so that in the event that I have the affidavits ready, I will be able to make that allegation or assertion again. Secondly, I was required to substantiate an assertion I made here that, in fact, the loan default ratio of the loans that have been disbursed under the Hustler Fund are higher than the loan default of commercial banks in Kenya. I have here with me, an extract of the Central Bank of Kenya (CBK) Annual Report and Financial Statement for the Financial Year 2022/2023. This report is available on the CBK official website from where I got it. In addition, it is available on the regular Monetary Policy Committee updates, which are available to Members of this House. Mr. Speaker, Sir, I want to point specifically to page 27 of that report."
}