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{
    "id": 430100,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/430100/?format=api",
    "text_counter": 346,
    "type": "speech",
    "speaker_name": "Hon. Lati",
    "speaker_title": "",
    "speaker": {
        "id": 2762,
        "legal_name": "Jonathan Lelelit Lati",
        "slug": "jonathan-lelelit-lati"
    },
    "content": "Hon. Temporary Deputy Speaker, the other reason that is also really impacting our macro-economic sector is the huge interest rates that the Government is paying. In fact, reports indicate very clearly that one of the interest rates payments would probably be the second biggest Recurrent Expenditure within our Budget. However, if we were to float a sovereign bond which would get the benefit of lower interest rates, that would help us bring that Recurrent Expenditure in terms of interest rates a little lower so that we pay less in terms of Government debts."
}