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{
    "id": 509218,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/509218/?format=api",
    "text_counter": 301,
    "type": "speech",
    "speaker_name": "Hon. Mulu",
    "speaker_title": "",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "and you are not likely to make profits. We also need to be careful because we might be saying ‘let us just increase’ without caring about those people who want to invest in Kenya and are foreigners. For them to do that we have to send the right signals. I am not opposed to getting more money, but I am not sure the money we want to borrow as a country will be put into the productive sector. If I am assured 100 per cent, I will support this but as I stand here to contribute, I have my doubts. In conclusion, there are other areas you can generate money from or go to public- private partnerships to generate resources. There are annuity programmes where you raise money locally. We also have Project Bonds where we can raise money locally through bonds and do the same projects. The last one which is very important is; corruption is an issue in this country. I am not very sure if the money we are going to borrow is not going to go into individual pockets instead of helping Kenyans. Based on those points, I want to say that I oppose and I would have been happier, if my amendment which proposed Kshs 1.8 trillion would have been accepted. Even though I lost, I now agree with hon. Abdikadir who says we should have only increased to Kshss1.23 trillion."
}