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{
    "id": 50141,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/50141/?format=api",
    "text_counter": 259,
    "type": "speech",
    "speaker_name": "Mr. Kenyatta",
    "speaker_title": "The Deputy Prime Minister and Minister for Finance",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, there was a question asked by the Member for Gwassi on how the Ministry will monitor the banks. We will monitor them the same way we monitored the AFD programme. We have a small unit in the Office of the Deputy Prime Minister and Ministry of Finance that handles SME situations. We are developing a reporting format that all banks will now be required to follow. We expect to receive six monthly reports, first and foremost, whether the target market has been reached, the number of people who have been lent funds and the amounts that have been disbursed by each respective bank. This is because, like I had indicated in the Statement, that monitoring tool would be the same tool to be used to figure whether those banks will be entitled to further disbursements. Their own track record will be the determinant as to whether they will be eligible in future for additional funds. That is why the monitoring process or unit is very critical."
}