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{
    "id": 297534,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/297534/?format=api",
    "text_counter": 123,
    "type": "speech",
    "speaker_name": "Mr. Githae",
    "speaker_title": "",
    "speaker": {
        "id": 159,
        "legal_name": "Robinson Njeru Githae",
        "slug": "robinson-githae"
    },
    "content": "Mr. Deputy Speaker, Sir, our debt is still manageable and sustainable. We, as Treasury, give ourselves a maximum of 50 per cent of the total Gross Domestic Product (GDP) debt. We are now at 47 per cent. So, we still have about 3 per cent more to achieve the 50 per cent. We believe that any amount above 50 per cent may not be sustainable. That is what has caused the crisis in the Euro Zone. When the debts for Greece, Spain and Ireland were more than 100 per cent of their GDP, they could not manage and sustain them. That is a situation we want to avoid here."
}