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{
    "id": 729878,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/729878/?format=api",
    "text_counter": 147,
    "type": "speech",
    "speaker_name": "Hon. Mulu",
    "speaker_title": "",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "The other area is payment of interest rates. If you look at paragraph 8, it says that this particular year, interest payable as well as redemptions is going to increase from Kshs466 billion to Kshs621 billion. In terms of payments, these are first charged to the Consolidated Fund. It means that you cannot even budget for any other thing before you get this payment out of the Budget. To some extent, it affects Budget flexibility. We are left with so little revenue that at the end of the day we are not able to meet our priorities or fund the development and some of the Recurrent Expenditure."
}