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{
    "id": 552834,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/552834/?format=api",
    "text_counter": 37,
    "type": "speech",
    "speaker_name": "Sen. Billow",
    "speaker_title": "",
    "speaker": {
        "id": 260,
        "legal_name": "Billow Adan Kerrow",
        "slug": "billow-kerrow"
    },
    "content": "Mr. Speaker, Sir, that is a very important question. The issue of the depreciation of the Kenya Shilling is a matter that is of concern to many Kenyans. In the last few weeks, the Kenya Shilling has depreciated to almost Kshs99 against the Dollar. In fact, on the counter it is slightly over Kshs99. That is a matter that we are all worried about. Yesterday we raised this matter with the Treasury. We should be able to give a comprehensive Statement the first Thursday after we come back from recess. In the meantime, I want to urge the Treasury to take whatever measures are necessary to stall the further depreciation of the Kenya Shilling. It is really affecting adversely, not just those who are paying fees and importing, but also the cost of living in the country. We all know that our imports far exceed our exports. This is a matter that the Government needs to take seriously even as we wait to address it comprehensively."
}