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{
    "id": 729259,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/729259/?format=api",
    "text_counter": 198,
    "type": "speech",
    "speaker_name": "Sen. Wetangula",
    "speaker_title": "The Senate Minority Leader",
    "speaker": {
        "id": 210,
        "legal_name": "Moses Masika Wetangula",
        "slug": "moses-wetangula"
    },
    "content": " Mr. Speaker, Sir, I was advised that I had 13 minutes. Thank you, Mr. Speaker, Sir. Yesterday, I was offering my critique of the Speech by the President, described as policy and I said that I saw no policy in it. I had talked about several issues that were lacking. I will go to the point where I left, which is on public debt. The President, in a very casual manner, said that the public debt in the country was not unmanageable. Everybody knows that this country is suffering under the weight of public debt. Everybody knows that the debt has ballooned from Kshs875 billion left by the Grand Coalition Government of Kibaki and Raila to Kshs3.8 trillion under the watch of the Jubilee Administration. They have recklessly borrowed money to start grandiose projects with the sole purpose of kickbacks and bribes that they are collecting mainly from Chinese contractors. Until and unless we manage our public debt, this romantic talk of our economy growing--- I even heard the President say that we are doing better economically than America and South Africa. It is good to dream, but such wild dreams are not helpful, especially when they are coming from a Head of State. There is no policy in here on the management of debt."
}