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"id": 1593022,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1593022/?format=api",
"text_counter": 490,
"type": "speech",
"speaker_name": "Nominated, UDM",
"speaker_title": "Hon. Suleka Harun",
"speaker": null,
"content": "However, the investment share of Gross Domestic Product (GDP) has dropped sharply from 19.5 per cent in financial year 2015/2016 to 4.1 per cent in financial year 2025/2026. We also need to change this percentage by putting more capital projects, diversifying the economy and creating jobs for the youth. Finally, the issue of STA is very important for this country. We are losing a lot of money. The government MDAs have cash lying idle in their bank accounts. At the end of the day we end up borrowing more money. That means we also need to put a lot of pressure on the National Treasury to make sure that we embrace STA to solve all our liquidity problems. It will save most of our investment and development projects. Thank you, Hon. Deputy Speaker."
}