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"id": 845807,
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"type": "speech",
"speaker_name": "Kikuyu, JP",
"speaker_title": "Hon. Kimani Ichung’wah",
"speaker": {
"id": 1835,
"legal_name": "Anthony Kimani Ichung'Wah",
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"content": " Thank you, Hon. Temporary Deputy Chairman. I was saying that as people who speak for borrowers and not the capital owners in this country, we must also speak to the Government to ensure that it does not compete with us and our people in getting money from the domestic market. One of the clear ways is proposals that have come to this House. A part of them has been adopted, but has never been implemented in terms of cash flow management in the Government. Most of the money that the Government borrows in the domestic market is its own funds that are held in deposits of ministries and parastatals. I remember an amendment that was done by the Leader of the Majority Party in the 11th Parliament. Even county governments are holding deposits in commercial banks that continue to earn interests that are never declared anywhere."
}