Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 777128,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/777128/?format=api",
    "text_counter": 89,
    "type": "speech",
    "speaker_name": "Sen. Wetangula",
    "speaker_title": "The Senate Minority Leader",
    "speaker": {
        "id": 210,
        "legal_name": "Moses Masika Wetangula",
        "slug": "moses-wetangula"
    },
    "content": " Mr. Speaker, Sir, the public debt is totally unmanageable. I want to remind my distinguished colleague and sister, Sen. Beth Mugo, about what the Commission on Revenue Allocation (CRA) told us, as the Senate Committee on Finance and Budget, where Sen. Mutula Kilonzo Jnr. and Sen. Rose Nyamunga are Members; and Sen. (Eng.) Mohamed Mahamud is our Chairman. The CRA cautioned us that that the borrowing being done in this country is not for the benefit of all Kenyans, yet the debts are paid by all Kenyans. You cannot dispute that. Equally important is that Kenya cannot get into an avalanche of borrowing simply because the United States of America (USA) also borrows. I have never heard such a flawed argument. We can only borrow if we can manage our public debt. Today, our debt to Gross Domestic Product (GDP) ratio is above 50 per cent; we are now doing close to 60 per cent. These debts are going to come round and haunt us. Mr. Speaker, Sir, anybody who does not see that the bulk of our income is going to debt service does not live in this country. You then qualify to be a character in a book by Chinua Achebe called The Trouble with Nigeria. In this book, Chinua Achebe says that he heard his President say that corruption in Nigeria had not reached pandemic levels. He then says that anybody who says this is either a fool, a crook or does not live in Nigeria. I think some of us live in a paradise different from Kenya. Otherwise, even a standard one child knows that we are running a debt that we cannot manage. Secondly, Mr. Speaker, Sir---"
}