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{
    "id": 429073,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/429073/?format=api",
    "text_counter": 292,
    "type": "speech",
    "speaker_name": "Hon. Mulu",
    "speaker_title": "",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "Hon. Speaker, the other thing which is also very important is the issue of debt. You realise that the amount of money which has been allocated for payment of national debt has increased. I think time has come for us to manage our debts properly. I have said many times that if you use borrowed money to improve infrastructure or in productive activities, you are likely to generate more employment and income and as a result of that, you will realise that the debt is not a burden to the nation. However, in a situation where we borrow and the money gets to activities which are not productive, the public debt becomes a big burden to Kenyans. Even as we approve this Bill, the whole concept of national debt needs to be thoroughly scrutinised so that at the end of the day we do not really approve payment of public debt which is not productive to this country and which does not assist the country in terms of economic growth."
}