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{
    "id": 729819,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/729819/?format=api",
    "text_counter": 88,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "reflects the wishes of the people. The Committee has made budgetary reallocations to strengthen cancer management, develop a kidney institute, fund key power stations, support community power projects and operationalise the Counter-Trafficking in Persons Act, 2010, among other changes. That tells you that the able Chair of the Budget and Appropriations Committee, Hon. Mutava Musyimi, and the Chairs and Members of the various Departmental Committees, have looked at the Budget, taking into account the priorities of the people, and made adjustments. This Budget has also been prepared amidst uncertainty arising from the coming general elections, and a slowdown in global economic growth, among other factors. I have an opportunity to say it here and now – I want somebody to challenge me on this one – that during the Grand Coalition Government, under the leadership of Hon. Kibaki and Hon. Raila Odinga, the Kenyan economy grew by 4.5 per cent within a period of four years. This Government, in the last four years, has grown the economy by between 5.9 per cent to 6 per cent. I want us to compare this growth with what is happening in other countries in Africa. Nigeria, our competitor, in the last four years, its economy went negative. The South African economy, which is another giant, stagnated. The inflation bracket which is sustainable is between 2.5 per cent to 7.5 per cent. The only time that we went outside this bracket, that is, at 9 per cent, was in February and it is because of drought. You know the price of food went up and that is a very unique scenario that the Government cannot control. Look at the debt levels in our country. This is a Government that borrows. We are doing 53 per cent of the Gross Domestic Product (GDP) in terms of borrowing. The United States of America (USA) borrows 100 per cent of the GDP. Japan borrows 200 per cent of the GDP. So, when our competitors feel they want to challenge us then they must go and read. The other day we were told that we borrowed Kshs28 billion from the United Arab Emirates (UAE). Any concessional borrowing by the Kenyan Government must come to this House. My former boss is a very intelligent man, but he has the wrong advisors and especially when he is advised by people who have D – (Minus). It is really a problem."
}