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{
    "id": 900477,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/900477/?format=api",
    "text_counter": 389,
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    "content": "debt levels by formalising an informal debt if we issue promissory notes to the tune of Kshs400 billion at once. I would like to ask my good friend, Hon. Moses Kuria to probably consider even legislating on issues to do with invoice discounting. This is because as the Leader of the Majority Party has said promissory notes are financial tools which were used in this country and other in the past. In today’s world, we have new ways of doing business where people are able to discount invoices. If we put it in the statute that the Government must pay within 90 days it will be very easy to trade with our invoices and discount them in our commercial banks. I want to ask Hon. Kuria to rethink the question of promissory notes."
}