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{
    "id": 1501445,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1501445/?format=api",
    "text_counter": 40,
    "type": "speech",
    "speaker_name": "His Excellency the President",
    "speaker_title": "",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "Additionally, there have been conversations about our education system, particularly the transition to the Competency-Based Curriculum (CBC) and whether policies in this sector are working for or against Kenyans. Important questions have also been raised concerning the direction of development in relation to democracy, human rights and fundamental freedoms as well as the rule of law, transparency and accountability. Another more direct question that emerges every now and then is whether public policy in this administration is in furtherance of service delivery to citizens or just in aid of political strategy. It is undeniable that for many Kenyans, times are hard and the struggle to meet their daily basic needs remains daunting. It is also true that these conditions have persisted for a number of years now leading to much frustration and anxiety. Although we have gone a long way to mitigate some of these difficulties, much remains to be done. Though we have laid a firm foundation for decisive intervention, I believe that it is critical for us to bear in mind that this administration was inaugurated at an extremely difficult time characterized by domestic challenges, compounded by regional and global security, geopolitical, financial as well as climate dynamics. As a result, in 2022, the country's total debt burden was not only immense, but was also stacked up in the most burdensome manner, leaving very little room for investments in public service or development of critical infrastructure. The prices of basic food commodities soared due to a combination of prolonged drought, declining local productivity due to inadequate support and disruptions in the global supply chain caused by the war in Europe. Kenya faced a crossroads of extremely difficult choices, where defaulting on our obligations would have significantly worsened an already perilous situation, and more borrowing was not an option. It was, therefore, essential for us to drastically reduce expenditure, mobilise as much as possible resources domestically and curtail waste. As I informed the nation then, matters would get more difficult before they could get better and we all had to tighten our belts and work hard under unforgiving conditions. We had staked the fate of our ambitious Bottom-up Economic Transformation Agenda (BETA) on easing the stress that the economy was in and the strain citizens underwent while creating room for implementing our transformative interventions. Hon. Members, I give this background to underscore two very important facts. First, we have not been watching helplessly and doing nothing as adversity took a toll on the economy and undermined the livelihoods and well-being of the people. On the contrary, we have been working tirelessly to steer the country away from the brink of unprecedented economic collapse and onto a more promising trajectory. The second point is that while we may not be where we would like to be, we are certainly not where we were two and a quarter years ago. At the same time, the cost of living was substantially high, with prices of basic commodities beyond the reach of many households. Today, I am proud to report that the macroeconomic indicators point to a positive turnaround and an upward trajectory. Allow me to highlight a few milestones that underscore this progress. The shilling has stabilised significantly, appreciating from The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}