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{
    "id": 270542,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/270542/?format=api",
    "text_counter": 429,
    "type": "speech",
    "speaker_name": "Mr. Oyongo Nyamweya",
    "speaker_title": "The Assistant Minister for Trade",
    "speaker": {
        "id": 391,
        "legal_name": "Manson Oyongo Nyamweya",
        "slug": "manson-nyamweya"
    },
    "content": "Mr. Deputy Speaker, Sir, in 2010 the Kenya Commercial Bank (KCB) took Kshs0.96 billion. In 2011, the KCB took Kshs148 billion. I want to explain this. This is like an overdraft facility. The overdraft facility is not backed by any asset. The meaning here is this: When the KCB went to borrow this money from the CBK, Kshs148 billion was released to the Kenyan economy. This money was paper money. It was printing money. Hon. Members, we must be serious and understand what we are talking about when we are in Parliament and we are here to represent people."
}