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{
    "id": 555043,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/555043/?format=api",
    "text_counter": 87,
    "type": "speech",
    "speaker_name": "Hon. Mwaura",
    "speaker_title": "",
    "speaker": {
        "id": 13129,
        "legal_name": "Isaac Maigua Mwaura",
        "slug": "isaac-mwaura"
    },
    "content": "scenario, you will realise that at some point we were treated to the shenanigans of the costing of this project. This Parliament, through its committees, was treated to the theatrics of some officials not even knowing how much this project costs. Therefore, if and indeed, we are to get value for money, we need to ensure there is full and effective implementation of this project. If you look at our public debt register and the monies that we are paying under the Consolidated Financial Services, apart from about Ksh60 billion or so, we are using to pay for pensions and retirement perks for constitutional office holders, you will find that a lot of that is going to paying debts. Therefore, if you look at this debt that is being incurred because this project is being financed by the Government of Kenya - a very small amount of money - Exim Bank of China and the African Development Bank, you will find that we need to see to it that it generates enough resources to enhance the economy. Hon. Speaker, if you look at other forms of infrastructural projects that have also been implemented in this country, you will find that those who are near the development projects benefit from the fact that their land increases in value. There is new settlement, but I do not know whether the tax man is able to capture this value addition for those people to start paying money to the Government that would not only go to the provision of services to Kenyans, but would also service the debt that would have been accrued."
}