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{
    "id": 802018,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/802018/?format=api",
    "text_counter": 75,
    "type": "speech",
    "speaker_name": "Hon. Ichung’wah",
    "speaker_title": "",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "In terms of realising macro framework underpinning the budget and the financing of the budget, the Committee is pleased to note that the 2018/2019 Budget has been prepared at a time when the economic environment is favourable. Business activity has picked up due to the improved political stability. Definitely after the handshake and the hugs, inflation is within five per cent target and has recently declined to 4.18 per cent in March 2018 and 3.78 per cent by April, 2018. The exchange rate is also quite stable due to increased Diaspora remittances and the food outlook seems promising even though there are significant downside risks from the recent flooding because of the persistent rains going on around the country."
}