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{
    "id": 773074,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/773074/?format=api",
    "text_counter": 193,
    "type": "speech",
    "speaker_name": "Sen. Chebeni",
    "speaker_title": "",
    "speaker": {
        "id": 13187,
        "legal_name": "Mercy Chebeni",
        "slug": "mercy-chebeni"
    },
    "content": "Mr. Speaker Sir, I rise pursuant to Standing Order No.46(2)(b), to seek a Statement from the Chairperson of the Standing Committee on Finance and Budget regarding the move by the State to merge six Government financial agencies to form a mega development bank. In the Statement, the Chairperson should: (1) Explain the rationale behind the impending plan to merge the Kenya Industrial Estates (KIE), Development Bank of Kenya (DBK), Industrial Development Bank of Kenya (IDBK), Uwezo Fund, Youth Enterprise Development Fund and Women Enterprise Development Fund into a single financial institution; (2) Explain the regulatory and institutional frameworks involved in the process of the merger; (3) Explain how provision of services offered by the six financial agencies will continue during the transition period; and, (4) State whether Uwezo Fund, Youth Enterprise Development Fund and Women Enterprise Development Fund will still be accessible to the beneficiaries under the merger. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate"
}