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{
    "id": 1456698,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1456698/?format=api",
    "text_counter": 4088,
    "type": "speech",
    "speaker_name": "Kinangop, JP",
    "speaker_title": "Hon. Kwenya Thuku",
    "speaker": {
        "id": 13380,
        "legal_name": "Zachary Kwenya Thuku",
        "slug": "zachary-kwenya-thuku"
    },
    "content": " Thank you, Hon. Temporary Speaker for your magnanimity. I was saying that we have so much money. I was talking about the Housing Levy. There is a proposal that the money be invested in Treasury Bonds. I, therefore, asked who is going to pay interest on its own money. It is Government that is saying: “We are going to pay interest on our own money!” That does not make sense. We do not need to borrow money when we have money that is in the account called the Housing Levy. What we need do is to change the law so that if you need to expand the Housing Levy to be an infrastructural levy, so be it. This is Government’s money at the end of the day. We are broke and yet we have some money in some pocket and we are happy to go and borrow money from China and other places when we have our own money. Hon. Temporary Speaker, I do not want to belabour the point to support this First Supplementary Estimate, but we need to rethink so that we do not go through this predicament again. The Finance Bill must come before the Budget Statement is presented to this House because it cannot be that we are putting the cart before the horse. Thank you, Hon. Temporary Speaker."
}