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{
    "id": 359123,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/359123/?format=api",
    "text_counter": 408,
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    "content": "Hon. Deputy Speaker, the debt portfolio in the sugar industry, for example, is upward of Kshs60 billion. Chemilil Sugar Company has a debt of about Kshs4 billion; Muhoroni Sugar Company, about Kshs14 billion; and Nzoia Sugar Company, about Kshs14 billion. The rate of indebtedness in these sugar companies is just on the higher side. What we should be talking about is a way of restructuring public enterprises for the purpose of transferring them to the private sector. The Government has no business doing business at this point in time. The Government should be there to provide an enabling environment for the private sector to invest in this country and run business as per the requirements of the 21st century. What we should be talking about are the loans owed to the Agricultural Finance Corporation (AFC) by farmers with a view to writing them off, so that farmers can start practising their businesses with no debts to the AFC."
}