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{
    "id": 1358833,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1358833/?format=api",
    "text_counter": 93,
    "type": "speech",
    "speaker_name": "His Excellency the President",
    "speaker_title": "",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "To enhance our savings that have consistently been among the lowest globally, and to correct the delayed transformation of our social security architecture, fundamental reforms are underway in our savings and social security space. As promised, we committed to take deliberate measures to foster a strong culture of savings among Kenyans and enable them mobilise resources for investment and development of inter- generational capital, to eliminate old age poverty and ensure comfort in retirement. Until recently, the rate of Kenya’s public pension savings stood at Ksh1.4 billion a month, which is the lowest in our region at only 12.5 per cent of our GDP."
}