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{
    "id": 152530,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/152530/?format=api",
    "text_counter": 249,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "committee concluded that the Corporation has a very weak financial base because of various factors, which include a huge Japanese loan currently standing at Kshs8.2 billion and inadequate Government annual finance support among other factors. It is estimated that the Corporation requires Kshs845 million annually for its operations. However, it is expected that the Government will increase its funding to the Corporation to meet the public broadcasting obligations. The Government has also initiated discussions with the Japanese Government with a view of writing off the loan currently standing at Kshs10 billion. These two actions will definitely improve the financial situation of the Corporation."
}