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{
    "id": 165887,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/165887/?format=api",
    "text_counter": 485,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Another channel of effect is through remittances from the diaspora. As a result of the global recession, businesses abroad are retrenching workers or even closing down altogether. Despite this development, the latest data of remittances by Kenyans in the diaspora show no significant change, so far. In addition, tight global credit conditions are likely to lower foreign direct investment to Kenya."
}