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{
    "id": 49916,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/49916/?format=api",
    "text_counter": 34,
    "type": "speech",
    "speaker_name": "Dr. Oburu",
    "speaker_title": "",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, one of the parastatals the hon. Member has mentioned; that is the National Bank of Kenya, is making profits and contributing to the Government, despite the fact that it is also lined up for privatization. So, not all the parastatals which are lined up for privatization are loss-making. The ones which are making losses are being privatized not primarily just because they are loss- making, but because the Government’s primary responsibility and duty, as has been stated here before and as a matter of policy, is to divest and not to continue running commercial institutions. Therefore, this is one of the reasons they are being privatized. The Government has no intention of holding onto those parastatals for times longer than necessary."
}