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{
    "id": 1382307,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1382307/?format=api",
    "text_counter": 193,
    "type": "speech",
    "speaker_name": "Emuhaya, ANC",
    "speaker_title": "Hon. Omboko Milemba",
    "speaker": null,
    "content": " Thank you, Hon. Speaker, for giving me this chance to speak on this Motion on the Report on the Consideration of the 2024 Medium- Term Debt Management Strategy. It emanates from the International Monetary Fund (IMF). It is supposed to create awareness in the countries on how to fix the deficits in their budgets. However, I also believe greatly that this must be customised to different countries. In this case, it needs to be customised to Kenya so that it can work well for us. The deficit in the Report before us is likely to be above Ksh703 billion and this needs to be fixed. This strategy is showing us how the National Treasury will fix this through the policy and financial resolutions. It is very important for this House to discuss this matter, thanks to the fact that it is coming earlier than the budget, unlike last year when the opposite happened. Hon. Speaker, it is important to understand that there are situations within our system that are creating huge debts for us that can be fixed as indicated in the Report. Looking at Recommendation No.5, it talks about the adoption of a single account by the National Treasury 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"
}