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{
    "id": 571534,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/571534/?format=api",
    "text_counter": 131,
    "type": "speech",
    "speaker_name": "Sen. M. Kajwang",
    "speaker_title": "",
    "speaker": {
        "id": 13162,
        "legal_name": "Moses Otieno Kajwang'",
        "slug": "moses-otieno-kajwang"
    },
    "content": "Mr. Speaker, Sir, I thank you for the Communication which I would describe as “Solomonic” in its essence. You have stood firmly for the protection and in defence of this Constitution. Since the illegal appointment of the Governor of the Central Bank of Kenya (CBK) - that is what it is going by your Communication - certain very important decisions have been made. In the month of July, the Monetary Policy Committee of the CBK that is chaired by the Governor raised the CBK rate from 10 per cent to 15 per cent and the Kenya banks benchmark rate from 8.5 per cent to 9.87 per cent. It would be important that this House, therefore, declares that these decisions chaired by an illegal Governor, are, therefore, illegal, null and void."
}