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{
    "id": 1549991,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1549991/?format=api",
    "text_counter": 270,
    "type": "speech",
    "speaker_name": "Kwanza, FORD-K",
    "speaker_title": "Hon. Ferdinand Wanyonyi",
    "speaker": null,
    "content": "I thank the Chairman who is passing in front of me. He has done very well by thinking outside the box and coming up with this Motion. We already have 43 countries. We are joining our brothers and sisters to do what is required for our country. Hon. Temporary Speaker, I know you have travelled outside the country. When you go out there and say you are from Kenya, it elicits curiosity. Most people admire coming to this country because of our past records. However, we will affirm our development. This particular Motion should be passed like yesterday, but not today or tomorrow. It will enable us to move faster and ratify this agreement. We will join it and develop our country. The rates which we are charged on loans are unbearable. This is a very good thing. The Chairman of the Committee has done a good job. Congratulations on thinking outside the box. We have been sitting here for the last terms, but this Motion has never come up. We are now rectifying this. We want to move very fast so that we can benefit from Africa Finance Corporation because the rates are very good. Once the interest rates are low, the economy will grow faster than what it is today. This means creating more jobs, developing even further, and doing things that the other European countries are doing. We want to surpass countries like Germany and France. We want to be equal to them, so that we are mentioned positively. If you travel out of the country and say you are from Kenya, people say they were here some years back. They also say we are doing well, and ask how we are doing. We have nothing to say because most of the work and projects that we have are based on foreign exchange and renting assets very expensively. If you go to a place and they tell you their exchange rate, you cannot afford it. With those few remarks, I agree with the ratification of the agreement for the establishment of the African Finance Corporation. The Departmental Committee on Finance and National Planning should move faster and see what we can do. I hope we will pass this Motion. There will be no need to even discuss it."
}