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{
    "id": 73345,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/73345/?format=api",
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    "content": "same as the one supposed to be supervising or the supervising authority is the same that can terminate appointments or alter them so that we bring sanity and a sense of accountability and transparency within our accounting officers. Mr. Temporary Deputy Speaker, Sir, I also note that we have a heavy burden of foreign and domestic debt which amount to Kshs1.2 trillion. For how long, as Kenyans, shall we continue to live in debt? The Kshs1.2 trillion is more than this Government’s Budget for one year. Within that, you will find that domestic debt is about 60 per cent while foreign debt is 40 per cent. The more we borrow from our local sources, the more we continue to make the rate of interest higher and the more we continue to crowd out those other investors both small and big from being able to access affordable capital to begin their own investments and businesses. With those few remarks, I want to support the Motion and thank you for the chance."
}