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{
    "id": 1503222,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1503222/?format=api",
    "text_counter": 462,
    "type": "speech",
    "speaker_name": "Nairobi City County, ODM",
    "speaker_title": "Hon. Esther Passaris",
    "speaker": null,
    "content": "When these systems are put in place, they will enable most of these young budding entrepreneurs to get government funding through financial institutions because the government Local Purchase Order (LPO) will have some value. Today, a number of banks are not willing to finance government procurements because there is no set system of payment. They have seen so many pending bills. The business people do not have money, but they have been financed by financial institutions. It has a ripple effect that can make our economy grind to a halt. When we have these stringent laws and payment policies in place, we will ensure that nobody who has supplied to the Government has a delay in getting the money. Nobody who has LPO from the county governments or National government will have a delay in getting the money. We need to protect Kenyans who are doing business with the Government. I stand to support the amendments. I thank the Committee and the Leader of Majority Party for coming up with them so that we can strengthen our financial management laws. Thank you."
}