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{
    "id": 898868,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/898868/?format=api",
    "text_counter": 171,
    "type": "speech",
    "speaker_name": "Kinangop JP",
    "speaker_title": "Hon. Zachary Thuku",
    "speaker": {
        "id": 13380,
        "legal_name": "Zachary Kwenya Thuku",
        "slug": "zachary-kwenya-thuku"
    },
    "content": " Thank you, Hon. Temporary Deputy Chairlady. I beg to move: THAT the Schedule to the Bill be amended in the proposed amendments to the National Hospital Insurance Fund Act No. 9 of 1998− (m) in the proposed amendment to section 34(1), by deleting the words “in quoted equities, fixed income, property, guaranteed funds, fixed deposits accounts and” appearing in paragraph (c); The reason is that, the fund requires liquid assets to respond to its core mandate and investment in some of these options may not, always, allow for convenient access to funds when they will be needed by the fund to discharge its mandate. The amendment, therefore, proposes to retain only the investment in government securities as an additional mode of investment of the funds of the National Hospital Insurance Fund."
}