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{
    "id": 38716,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/38716/?format=api",
    "text_counter": 236,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Thank you, Mr. Temporary Deputy Speaker, Sir. I rise to seek a Ministerial Statement from the Deputy Prime Minister and Minister for Finance with regard to the continued recent depreciation of the Kenyan shilling. Indeed, the shilling has continued to depreciate from a mean of Kshs80.8 to the dollar on 3rd January, 2011 to a 17-year low exchange rate of Kshs89.4 on Tuesday, 14th June, 2011. This turn of event is likely to affect the manufacturing sector, could fuel further inflationary pressures and erode expected gains of boosting import of maize, wheat and rice with the consequence of terminating the envisaged reduction in prices of these essential commodities. To this end, could the Deputy Prime Minister and Minister for Finance undertake the following? There are three issues that I want him to clarify."
}