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{
    "id": 146320,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/146320/?format=api",
    "text_counter": 272,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "It is good that the Deputy Prime Minister and Minister for Finance emphasized the issue of pension funds. It is the pension funds that will be the engine for infrastructural development because in his Budget Speech, the Deputy Prime Minister and Minister directed that the money in the pension funds should be invested only in Government securities. A provision of Kshs140 billion is a good way forward. At the moment, if we need enough funds to make sure that the infrastructure we have stimulates economic growth in this country, then we should invest, at least, Kshs170 billion every year for the next five years. However, the fact that he has started off with Kshs140 billion despite the constraints, indeed, is a good way forward."
}