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{
    "id": 65240,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/65240/?format=api",
    "text_counter": 104,
    "type": "speech",
    "speaker_name": "Mr. Kombo",
    "speaker_title": "",
    "speaker": {
        "id": 218,
        "legal_name": "Musikari Nazi Kombo",
        "slug": "musikari-kombo"
    },
    "content": "asked the Deputy Prime Minister and Minister for Finance:- (a) whether he is aware that commercial banks are taking deposits at less than 2% and lending at over 12 per cent; (b) whether he is further aware the practice is discouraging both depositors and borrowers and hence hampering economic development and, if so, what measures the Government will take to ensure that the above situation is rectified; and, (c) whether he could also explain why efforts by the Central Bank of Kenya (CBK) to persuade commercial banks to reduce their lending rates has not been successful."
}