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{
    "id": 258078,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/258078/?format=api",
    "text_counter": 353,
    "type": "speech",
    "speaker_name": "Ms. Karua",
    "speaker_title": "",
    "speaker": {
        "id": 166,
        "legal_name": "Martha Wangari Karua",
        "slug": "martha-karua"
    },
    "content": "Mr. Deputy Speaker, Sir, it is quite sad that the Government is afraid of tabling the Finance Bill merely because a Member has voiced the intention, and which is supported by many, of bringing in an amendment to put a ceiling on interest rates. I want to recall that when the shilling was losing very badly against the dollar, the Deputy Prime Minister and Minister for Finance said he could not intervene. He was letting the market force to determine what happened. After the shilling took a beating and people made a lot of money, he finally intervened. The shilling has now stabilized. When the shilling had lost against international currency, fuel prices, food prices went high. However, when the shilling has regained, Kenyans have not had any reprieve from the high cost of living."
}