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{
    "id": 1524993,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1524993/?format=api",
    "text_counter": 930,
    "type": "speech",
    "speaker_name": "Baringo County, UDA",
    "speaker_title": "Hon. Jematiah Sergon",
    "speaker": null,
    "content": " Thank you. I also join the Members who have spoken before me. I support and weigh my thoughts into this Medium-Term Debt Management Strategy of 2025. This Report has come at a very good time when we are right in the middle of our term since election. This Report shows the growth that we have so far undertaken through our economy. As most Members have said, borrowing is not a problem. The problem is where we put the money after borrowing. Automatically, you will end up pushing yourself to make sure you pay back the money you borrowed. We are grappling with many vices that contribute to wastage in Kenya today—pilferage and embezzlement of public funds because of lack of proper infrastructure and ways of ensuring that money is taken care of. In this case, the Report suggests that the National Treasury that handles money must by all means make sure that Ministries, Departments, and Agencies (MDAs), and parastatals, use one monitoring channel to make sure they utilise money given to them. The people who handle money are at the Treasury. The Report suggests that the officers must, by all means, make sure that the treasury single account is in place so that all MDAs use one payment channel. Many times we lose money and do not understand where the problem comes from. The people who cause most of the corruption in this country are those who draft budgets. They are the people who decide how much money is borrowed and where the money is used. If we have the single treasury account, we will curb most of the problems we have here today."
}