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{
    "id": 64218,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/64218/?format=api",
    "text_counter": 295,
    "type": "speech",
    "speaker_name": "Mr. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Disclosure of public debt is fundamental and an integral part of public finance management. This is because these kinds of debts are a direct and first charge on the Consolidated Fund. The CFS is charged directly without any approval by the House. The moment they are laid before the House and the House adopts the Budget, they form a direct charge or a first charge even before you pay for anything else. Therefore, it is important that full disclosure of this kind of expenditure is made to Parliament. The full disclosure can only be made through a committee of the House. Now the Constitution has actually given us a window of opportunity, which we lacked before. You could only hear Members of Parliament complaining after they had passed Budgets and a scandal took place. They would complain that they were not aware of the fact that what they had passed contained hidden provisions. We now have an opportunity, by virtue of the Constitution of the Republic of Kenya, which allows this Parliament to pass a resolution-- - If we want any disclosure on any matter regarding a loan or a guarantee by the Republic of Kenya, then that disclosure can be made by the relevant Cabinet Secretary, in this case a Cabinet Minister."
}