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{
    "id": 141758,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/141758/?format=api",
    "text_counter": 310,
    "type": "speech",
    "speaker_name": "Mr. Omingo",
    "speaker_title": "The Assistant Minister for Trade",
    "speaker": {
        "id": 180,
        "legal_name": "James Omingo Magara",
        "slug": "omingo-magara"
    },
    "content": "(i) We have consistently asked for disbursement from the Treasury so that we can increase funding to the SMEs for economic growth. In the 2007/2008 Financial Year, we were allocated Kshs9 million and Kshs10 million in the 2008/2009 Financial Year. Forty million has been factored in the 2009/2010 Financial Year. You will appreciate that this is not sufficient to spur the economy, but given the kind of devolved funding now with synergy we can spur development and growth using the SMEs. (ii) The scheme is also a revolving fund because we get back monies upon collection from people in advance for onward lending."
}