{"id":26384,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/26384/?format=json","text_counter":372,"type":"speech","speaker_name":"Mrs. Ongoro","speaker_title":"The Assistant Minister for Nairobi Metropolitan Development","speaker":{"id":125,"legal_name":"Elizabeth Ongoro Masha","slug":"elizabeth-ongoro"},"content":" Mr. Temporary Deputy Speaker, Sir, I stand to support this Bill. I want to draw the attention of this House to the objective of this Bill which reads in Clause 2:- “The object of this Act is to ensure that the authority conferred on the National Government to guarantee loans is exercised in a transparent, prudent and equitable manner, consistent with Article 213 of the Constitution”. In view of this, I do not find the provision then contained in Clause 4 consistent with the object of this Bill. It states:- “Subject to subsection (2), the Cabinet Secretary may guarantee the loan of a borrower on behalf of the National Government”"}