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{
    "id": 435193,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/435193/?format=api",
    "text_counter": 412,
    "type": "speech",
    "speaker_name": "Hon. Bunyasi",
    "speaker_title": "",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "As our Chairman said, when the time comes and we begin dealing with interest rates through some committees of this House we shall go to the bottom of it. There are very many other issues to which the domestic Government borrowing is a contributor, but we do not even know whether it is a major contributor to the interest rates. Clearly, if the Government was borrowing less it would reduce pressure; but even if it borrowed zero it does not mean that interest rates would fall to levels that are comparable to those of New York and other places. Secondly, of course, if you compare interest rates here and those outside the country you should look also at currency risks which contribute to problems as well."
}