Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1524990,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1524990/?format=api",
    "text_counter": 927,
    "type": "speech",
    "speaker_name": "Yatta, WDM",
    "speaker_title": "Hon. Robert Basil",
    "speaker": null,
    "content": " I was trying to emphasise or put across something. I think the Member needs to listen to me carefully because whatever we do is for generations to come and not just now. We need to use our money prudently when we talk about public debt management systems. Why borrow money to misuse? Our budget is never itemised. That is why accountability is required. We recommend digitising public debt management systems to promote accountability and transparency in the usage of borrowed money or public debt. The debt to GDP ratio of countries like Japan stands at over 200 per cent. The debt to GDP ratio of countries like the United States of America stands at 98 per cent. Our debt to GDP ratio is at 68 per cent. The only challenge we have is that the money we borrow is never used prudently. That is the point I am trying to underscore to Members and the country at large. As Members just mentioned, look at the IMF that has put the threshold of borrowing money at 55 per cent. That is the public debt for developing countries. We are recommending The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}