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"id": 39177,
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"type": "speech",
"speaker_name": "Mr. Gumo",
"speaker_title": "The Minister for Regional Development Authorities",
"speaker": {
"id": 160,
"legal_name": "Fredrick fidelis Omulo Gumo",
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"content": "Madam Temporary Deputy Speaker, as one of my colleagues has said, there is no way a country can develop without borrowing. Although we have been borrowing in the past, I think it is now that we need to even borrow more. That is because the ceiling that was there was too small and we need to increase. This country is in need of enough food, power, transport and many other infrastructural developments. My Ministry has a few integrated projects which really need a lot of money. We have a few projects like the high grand falls which is supposed to produce, at least, 600 megawatts of electricity and irrigate more than 150 hectares. We have always talked of shortage of food. Such projects should be financed. They are so big that the Government cannot finance them on its own unless it borrows. There are quite a number of projects that before other countries lend you money, they must know how much the Government is going to put in. So, unless we put in---"
}