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{
    "id": 39130,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/39130/?format=api",
    "text_counter": 650,
    "type": "speech",
    "speaker_name": "Mr. Kenyatta",
    "speaker_title": "The Deputy Prime Minister and Minister for Finance",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, it is, therefore, observed that there is little room for additional guarantees, hence the urgency of enhancing the limit from the current ceiling of Kshs80 billion. New projects are to be covered by the new ceiling’s intended borrowing over the next remaining two years of the Medium-Term Plan 2010/2011 and the first plan under Vision 2030. As part of the efforts to sustain the economic growth over this period, and to continue to fight poverty, the Government plans to enhance investment in physical infrastructure, especially in the energy sector. Therefore, public corporations implementing the infrastructure projects need to borrow approximately Kshs115 billion externally under a Government guarantee over the two year period."
}