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{
    "id": 671733,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/671733/?format=api",
    "text_counter": 243,
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    "content": "income input to create jobs compared to the formal sector. The sector also requires cheaper infrastructure to flourish and still depends largely on local raw materials. Despite the significant contribution of the informal sector to Kenya’s economy, the sector has not been accorded the recognition it deserves. Informal businesses have not benefited from the privilege given to SMEs under the main Act. Many informal traders have been excluded from accessing services from government and financial institutions. The amendments proposed in this Act are intended to raise the profile of the informal sectors in the business world. They will help them to gain recognition and to access various services. The role the informal sector plays in employment creation and poverty reduction cannot be underestimated. The sector can do more if it is recognised by the government as doing genuine business and is given the necessary support since what is not recognised by the Government is not supported by other service providers like the financial institutions. The main aim of these amendments is to bring this sector into the ambit of SMEs as recognised by this Act. Mr. Deputy Speaker Sir, globally, informal work forms part of---"
}