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{
    "id": 271359,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/271359/?format=api",
    "text_counter": 680,
    "type": "other",
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    "speaker": null,
    "content": "up to 15 per cent. Without reason, the banks have tripled or quadrupled some of the interest rates they were charging. This is economic sabotage. This Parliament must seize this moment to deal with the banks once and for all because this is a resilient economy. This is an economy which was under economic sanctions all through the better part of the last 15 years of President Moi and it survived. The only missing link is the bank reforms. Mr. Deputy Speaker, Sir the rate of inflation was over 22 per cent just two months ago. When it has begun to come down, the interest rate charged by the banks is still going up in most of the cases. When they talk to us they think and believe that all these Members of Parliament; ladies and gentlemen of this august House are ignorant. In fact, they think we have no brains. As a House we need to think with our brains. I want to say that all Members of Parliament must think with their brains not their stomachs---"
}