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"id": 1533649,
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"type": "speech",
"speaker_name": "Navakholo, ODM",
"speaker_title": "Hon. Emmanuel Wangwe",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker, for that additional minute. All Kenyans want the inflation to be maintained at that lower percentage of 3.5 per cent. The current account deficit is a positive look and good thing for the whole economy. We are doing very well in terms of current account deficit, that is, overall from 4.4 per cent of GDP in December 2023 to now a paltry 3.6 per cent. When we now compare the overall balance of payment and our current account deficit that is low, it means we are likely to have sufficient amount of resources to hold, should there be a problem in terms of forex. Our forex position is good, and we are likely to move on. These are the macro-economic issues that the Government is relying on to drive the 2025 BPS. I look at it with lots of hope. I encourage the Government to go in that direction, so that all of us will be happy to live in this country. Thank you, Hon. Temporary Speaker. I support the BPS for the Financial Year 2025/2026."
}