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{
    "id": 878087,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/878087/?format=api",
    "text_counter": 528,
    "type": "speech",
    "speaker_name": "Sen. Mahamud",
    "speaker_title": "",
    "speaker": {
        "id": 373,
        "legal_name": "Mohammed Maalim Mahamud",
        "slug": "mohammed-mahamud"
    },
    "content": "Mr. Deputy Speaker, Sir, there is the issue of the rising debt level. As at the end of December, 2018 the level of debt, in nominal terms, reached Kshs5.28 trillion, making up 52.7 per cent of the Gross Domestic Product (GDP), having risen by 13 per cent or Kshs698.4 billion, from Kshs4.57 trillion in December 2017. The debt growth is set to continue and reach Kshs5.7trillion and Kshs6.3 trillion as at the end of the 2018/2019 and 2019/2020 financial years respectively."
}