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"id": 506959,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/506959/?format=api",
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"type": "speech",
"speaker_name": "Hon. Kabando wa Kabando",
"speaker_title": "",
"speaker": {
"id": 31,
"legal_name": "Kabando wa Kabando",
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"content": "The main objective is to benefit this country by enabling investments by larger sections of our citizenry and by advancing, or improving investments that have already been made by the Government through its fiscal agent; the Central Bank of Kenya (CBK). The main aim of this Bill is to democratize and create mechanisms that will, in addition to broadening investment scales by individuals and groups in Government securities--- It will also broaden the electronic platforms in line with the objectives of the Constitution, laws established to support its implementation and our own major programmes on Vision 2030, which seek to ensure that saving platform by various groups and individuals in this country widen. It will give an opportunity to entrepreneurs to solidify savings and investments, and heighten the percentage of the categories under savings culture. It is intended that within the next 16 years - that is up to 2030 - we shall have obtained, or reached, 30 per cent savings equivalent of our GDP. This means that we have to take bold and innovative steps in order to mainstream those who are in the margin, or those who are unaware of the possibilities and opportunities that exist in Government securities."
}