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{
"id": 166251,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/166251/?format=api",
"text_counter": 42,
"type": "speech",
"speaker_name": "Mr. Kombo",
"speaker_title": "",
"speaker": {
"id": 218,
"legal_name": "Musikari Nazi Kombo",
"slug": "musikari-kombo"
},
"content": "asked the Deputy Prime Minister and Minister for Finance:- (a) if he is aware that commercial banks are taking deposits at less than 2 percent and lending at over 12 per cent, (b) if he is also aware that the practice is discouraging both depositors and borrowers and hence hampering economic development and, if so, what measures the Government will take to ensure that the above situation is rectified; and (c) if the Minister could also explain why efforts by Central Bank of Kenya (CBK) to persuade commercial banks to reduce their lending rates has not been successful."
}