Entry Instance

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

{
    "id": 1382396,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1382396/?format=api",
    "text_counter": 282,
    "type": "speech",
    "speaker_name": "Emgwen, UDA",
    "speaker_title": "Hon. Josses Lelmengit",
    "speaker": null,
    "content": " Thank you for giving me this opportunity to add my voice on this debate and to let you know that I support this debate. I also thank the Public Debt and Privatisation Committee for coming up with this Report on the Medium-Term Debt Management Strategy. First, I thank the President. During the last financial year, he tried and persuaded the Committees of this honourable House to cut down the Budget by close to Ksh300 billion. In this case, the principle is: Do not spend money you do not have. Truly, we need to cut down on the Budget because we understand the challenges we have as a country, especially the extent of borrowing we have done over the years. Right now, close to Ksh73 of every Ksh100 we collect goes to debt payment. The rest, less than Ksh30, goes to recurrent and development expenditure. We are on the red line. We have a big challenge. The other question is to the National Treasury. Do we prudently use the money we borrow on projects within the country? Is it allocated to different regions in this country fairly? That is so that we can see a fairer distribution of those resources across board whenever we pay debts as a country or through the taxpayers’ money. All Kenyans are paying taxes. This is the big question for the National Treasury."
}