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{
    "id": 879260,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/879260/?format=api",
    "text_counter": 441,
    "type": "speech",
    "speaker_name": "Suba South, ODM",
    "speaker_title": "Hon. John Mbadi",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "The debt tolerance differs from country to country. Some countries can take more debt distress than others. Therefore, it is a lazy argument to continuously compare our debt tolerance to stronger economies like Japan. I agree with Hon. Kimani Ichung’wah on the figures and I will demonstrate that shortly. The National Treasury keeps mentioning that our economy is still capable of absorbing economic shock. That is actually misleading. Debt sustainability can only be achieved through taking painful decisions like expenditure cuts, controlling wage increases, increased tax, if it comes to that, which is very painful and above all, making corruption a very expensive venture. Kenya has moved from where we talk about government officials taking 10 per cent from contractors. The recent revelation is that we are not taking less than 63 per cent from contractors. The figures that were being bundled just the other day; out of Kshs6.3 billion that was paid to an Italian contractor, Kshs4 billion came back to some individuals in this country. An amount of Kshs4billion out of Kshs6.3 billion is 63 per cent of that money. What a shame! We have lost face as a country. Therefore, unless we do something about corruption and seriously so, in fact if you look at this BPS, there is no serious attempt even to come up with policy issues on how to fight corruption. We cannot fight corruption through a d hoc mechanical system of Directorate of Criminal Investigation (DCI) arresting people on Friday. Let them arrest people on Friday, but if there is no evidence these people are released then that becomes the end of it. We need serious policy direction on how to fight corruption. That can only come from the National Treasury."
}