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{
    "id": 17779,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/17779/?format=api",
    "text_counter": 399,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Madam Temporary Deputy Speaker, on 16th June 2011, I sought a Ministerial Statement from the Minister for Finance with regard to the continued depreciation of the Kenya Shilling. On 21st July, 2011, hon. Njoroge Baiya also sought the same Ministerial Statement. Again on 8th September, we reminded the Minister to supply the statement and he committed himself that the statement would be given on Tuesday the following week. We proceeded on recess and Tuesday the following week, according to parliamentary language, was last Tuesday. To date, this statement has not been supplied to this House. At the time I was asking for this statement, the exchange rate was Kshs89.4. Today, the exchange rate is Kshs107. The depreciation of the Kenya shilling is seriously hurting the economy of this country. This morning, I attempted to bring a Motion to discuss this matter in this House but I was told that, that could not happen because there was already a pending Ministerial Statement .Therefore my request to the Chair is that you impose sanctions on this Minister, so that before this statement is supplied to this House--- If possible it should be supplied on Tuesday. Before this statement is supplied to this House, I think he should be stopped from transacting business in this House. This is a very important issue that needs to be addressed urgently. He is taking it lightly. He is not concerned, yet there is panic in the economy, which may cost us a lot."
}