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{
    "id": 736764,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/736764/?format=api",
    "text_counter": 99,
    "type": "speech",
    "speaker_name": "Hon. Kimaru",
    "speaker_title": "",
    "speaker": {
        "id": 2072,
        "legal_name": "Anthony Mutahi Kimaru",
        "slug": "anthony-mutahi-kimaru"
    },
    "content": "Thank you, Hon. Speaker. I stand to support this Bill on the establishment of the Nairobi International Financial Centre. I do this for a couple of reasons. One being that Kenya has come of age economically. We are looking at a country that is almost entering an economic take-off. Before you get to economic take-off, there are certain preconditions that must be met. Amongst these is a vibrant financial sector. As we all know, for an economy to grow, you must have a vibrant economic sector. Industry investment will depend on how effective the financial sector is. People will need money to set up industries. In agriculture, people will need money. In real estate, people will also need money. As it is today, we have a financial sector that is vibrant not just the mainstream financial sector in terms of banks, but also the SACCOs. The SACCOs are very active and play an important role in propelling the economy to the next level."
}