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{
    "id": 509196,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/509196/?format=api",
    "text_counter": 279,
    "type": "speech",
    "speaker_name": "Hon. Aden",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Thank you very much, hon. Speaker. The matter before us today is one that is of great importance to this nation of Kenya. It is one in which, as provided for under the law, this House is being asked to allow or not allow the debt ceiling of the Government to be increased. From the outset, I want to say that the concept of debt ceiling is a signal for foreign investors of a given country to show how dedicated or disciplined that country is in terms of managing its fiscal policy. There are quite a number of countries in this world that use debt ceiling. They are about seven; namely, the United States of America (USA), Denmark, Malaysia, Kenya, Poland and Namibia being some of them. There are good reasons for putting this debt ceiling."
}