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{
    "id": 509248,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/509248/?format=api",
    "text_counter": 331,
    "type": "speech",
    "speaker_name": "Hon. Baiya",
    "speaker_title": "",
    "speaker": {
        "id": 8,
        "legal_name": "Peter Njoroge Baiya",
        "slug": "peter-baiya"
    },
    "content": "Thank you, hon. Speaker, for giving me this opportunity to contribute to this important Motion and particularly to support it. From the outset, under our new rigorous constitutional dispensation, it is a requirement that for the Government to borrow, it must demonstrate prudence in the management of financial resources. It should do it openly and transparently and more particularly, balance the interests of the current and future generations. Going by the proposed borrowing, looking at the projects that are earmarked, as Members have stated, these are very strategic investments in addressing developmental challenges that this country has experienced for a long time. When we talk about development, everybody appreciates that you cannot have development without infrastructure. For instance, looking at the cost of doing business in this country and the cost of attracting business investment, the biggest constraint is transport. The Government has identified clearly within Vision 2030 that it is both road and railway transport. The fact that we do not have an efficient modern railway system, the cost of transporting the bulk of exports and imports through our roads is high. We invest in roads, which are damaged by the trucks transporting bulky goods. This problem will be solved at once, once we invest in the Standard Gauge Railway system."
}