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{
    "id": 1425834,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1425834/?format=api",
    "text_counter": 188,
    "type": "speech",
    "speaker_name": "Hon. Mithika Linturi",
    "speaker_title": "The Cabinet Secretary for Agriculture and Livestock Development",
    "speaker": {
        "id": 69,
        "legal_name": "Franklin Mithika Linturi",
        "slug": "franklin-linturi"
    },
    "content": "Madam Temporary Speaker, the AFC as the agricultural bank for this country is faced with challenges of finance. The reason why there are delays in accessing money is because the applications go beyond what we can disburse and because we wait for people to pay their monthly contributions and then disburse. In our appearance in the Committee on Finance and Budget, we put our case seeking more financing through this supplementary budget and the main budget as well so that we capitalize AFC. The President has pronounced himself and given his goodwill to fully finance AFC so that our farmers can get loans at below 10 per cent. Once we are fully capitalized, then access to cheap loans will not be a big problem. In understanding the problems the livestock keepers have arising from the deaths of their livestock during bad times, yesterday we also put a case before the Committee on Finance and Budget and asked for Kshs500 million to restock or support our farmers who lost their livestock in those areas. The President has also committed and has given me instructions that I must look for this money to support the livestock farmers in restocking because of their loss of livestock during the drought season and the recent floods. Madam Temporary Speaker, that is the state of affairs as at now. However, I am confident that once the National Assembly approves the supplementary estimates and main Budget, next year will be better than the current one. We have applied for budgetary provisions to deal with these issues."
}