Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1368908,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1368908/?format=api",
    "text_counter": 87,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "I beg to give notice of the following Motion: THAT, aware the stability and growth of a country’s economy is dependent on sustained affordable prices of essential commodities thus allowing for regular uninterrupted consumption of goods and services; further aware that the Price Control Act, 2011 mandates the government, in consultation with relevant industry players, to declare any goods to be essential commodities and to determine the maximum prices of the commodities taking into account any relevant treaty or convention ratified by Kenya; noting that despite the provisions of the Act, global demand and supply can lead to unpredictable changes in the prices of essential goods and services; further noting that unscrupulous business practices often emerge during price fluctuations with some businesses taking advantage of price deviations to overcharge consumers in instances of increases in global prices while maintaining or insignificantly reducing prices in instances of a decrease in global prices; acknowledging that there is need to establish a framework to ensure affordability and accessibility of essential commodities and protect the economic well-being of citizens; now therefore, this House urges the National Government, through the National Treasury & Economic Planning, to develop a framework for the establishment of an emergency price control framework for essential commodities as a preventive measure to control inflationary spiralling and enhance economic stability."
}