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{
    "id": 1382318,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1382318/?format=api",
    "text_counter": 204,
    "type": "speech",
    "speaker_name": "Baringo North, UDA",
    "speaker_title": "Hon. Joseph Makilap",
    "speaker": null,
    "content": "commercial banks lend money to the Government because it is offering a good interest rate. The implication is that it becomes very expensive for individuals, commercial enterprises and private companies to borrow from commercial banks. The consequence is that if citizens and business people are unable to borrow from our financial institutions, we will not collect enough taxes to run the economy because the loans are expensive and businesses cannot afford them."
}