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{
    "id": 1555917,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1555917/?format=api",
    "text_counter": 313,
    "type": "speech",
    "speaker_name": "Kiharu, UDA",
    "speaker_title": "Hon. Ndindi Nyoro",
    "speaker": null,
    "content": " Thank you very much, Hon. Temporary Speaker. Some statements do not need a response. As I was saying, approximately half of Ksh2.4 trillion which we collected as revenue will go into debt repayment. Therefore, it is important for us to find a solution as a country. I am not blaming anyone. Therefore, there must be concerted efforts by the legislature and the other two Arms of Government regarding the existential threats to our economy. One of them is debt which is tied to revenue. Servicing the current debt portfolio would not be a challenge if we had more revenue. Secondly, we must give entrepreneurs and investors the primacy role they deserve as we talk about trade in East Africa. Investors are accorded the support and respect they deserve in many countries. When you come as an investor in Kenya, the country is not doing you a favour but you are doing the country a favour. We must not only rely on our internal capital for trade. We can also rely on external capital from other economies entrepreneurs. The Principal Secretary of the state department we are debating this morning, must be very abreast to the fact that investors are heroes of this country. As we attract them, they must not come get a feeling that this country is doing them a favour. It is them who are doing our country a favour given that there are many parameters and other alternatives for them to invest their money in. Overall, I congratulate all the nominees. I call upon them to be sincere in public service and to make our country better. With those few remarks, I submit."
}