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{
    "id": 1421071,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1421071/?format=api",
    "text_counter": 261,
    "type": "speech",
    "speaker_name": "Sen. Mandago",
    "speaker_title": "",
    "speaker": {
        "id": 13577,
        "legal_name": "Kiplagat Jackson Mandago",
        "slug": "kiplagat-jackson-mandago"
    },
    "content": "that we shall also be demanding to be given all the records of all the debts. Even if it will take this House five or 10 days to interrogate, we better begin having clean records of how much debt is there, what it is owed to whom, when was it borrowed and at what rate. Finally, Mr. Temporary Speaker, Sir, we witnessed short-term borrowing by the national Government, especially towards the run-up of the last general elections where the Government was borrowing debts that needed to be paid in less than a year. Any government borrowing debts that need to be paid in less than six months is equivalent to a government operating through a shylock. Any sensible government should have concessional loans where you are even given time to first invest before you begin repaying. However, we ask the National Treasury to find a way of rescheduling and renegotiating the terms of those loans so that the economy is not hard-pressed to service loans at the expense of also delivering services. Mr. Temporary Speaker, Sir, I submit."
}