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{
    "id": 1592972,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1592972/?format=api",
    "text_counter": 440,
    "type": "speech",
    "speaker_name": "Balambala, JP",
    "speaker_title": "Hon. Abdi Shurie",
    "speaker": null,
    "content": "(b) Should formulate enforcement mechanism to ensure timely repayments and reduce the risk of defaults by institutions benefiting from government financial support. 5. The National Treasury should adopt and enforce performance-based benchmarks and disbursement-readiness protocols to prevent the accumulation of undrawn external loans, which continue to attract costly commitment fees. No new loan agreement should be executed without full compliance with the performance-based benchmarks and disbursement-readiness protocols. 6. To reduce reliance on debt and enhance access to alternative financing, the National Treasury should, within 60 days of adoption of this Report, develop and publish a comprehensive national strategy for mobilising non-debt financial resources, including grants, climate finance and other concessional funding."
}