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{
    "id": 507025,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/507025/?format=api",
    "text_counter": 378,
    "type": "speech",
    "speaker_name": "Hon. Kasuti",
    "speaker_title": "",
    "speaker": {
        "id": 1884,
        "legal_name": "Suleiman Murunga Kasuti",
        "slug": "suleiman-murunga-kasuti"
    },
    "content": "Therefore, this is something that will help us in this country to mop up all the money that is lying around. It will help us to encourage the local person or the ordinary mwanachi to embrace a culture that has not been there in this country for a long time. We would like to encourage ordinary people to save in the right way. They can purchase Government securities and save their money in an open way. The country will be able to get more money to undertake the various projects that we intend to carry out in this country. The Central Bank of Kenya and the Government has always gone out to various countries to borrow money. That is because those countries overseas have encouraged their citizens in the past to borrow. I have purchased government securities. If you go overseas, you will find that every citizen in those countries has Government securities which they have bought. You will find very old ladies walking around with their Government securities going to the banks and discounting the Government securities back so that they can have cash. This is a culture that we should try to encourage our people in this country to adopt, so that they can also participate in the country’s economy. For that matter, I would like to thank the Mover of this Bill, hon. Kabando wa Kabando. Indeed, innovations like Mpesa did not come out of nowhere. We had people in this country who thought about it and brought it forward. Right now, every"
}