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{
    "id": 846730,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/846730/?format=api",
    "text_counter": 257,
    "type": "speech",
    "speaker_name": "Kiambu, JP",
    "speaker_title": "Hon. Jude Njomo",
    "speaker": {
        "id": 1784,
        "legal_name": "Jude L. Kangethe Njomo",
        "slug": "jude-l-kangethe-njomo"
    },
    "content": "They also suggest the establishment of the Kenya Development Bank by merging the Industrial and Commercial Development Corporation (ICDC), the Industrial Development Bank (IDB) and the Tourist Finance. Those are good proposals, but let them first execute them. The other proposal is that the Cabinet has approved the formation of Biashara Kenya Fund, which is merging the Uwezo Fund, Youth Fund and the Women Enterprise Fund (WEF) to form a bank. Indeed, those are good proposals, but as it is right now, they are proposals and are not offering any solution. In the same breath, the ICPAK has said that the period under review is too short to make a fair conclusion that it is the capping of interest rates that has reduced the amount of credit that borrowers are getting. They argue that it is too short to show that it has affected our economy because there have been other factors. The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}