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{
    "id": 941526,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/941526/?format=api",
    "text_counter": 442,
    "type": "speech",
    "speaker_name": "Sen. Olekina",
    "speaker_title": "",
    "speaker": {
        "id": 407,
        "legal_name": "Ledama Olekina",
        "slug": "ledama-olekina"
    },
    "content": "If you go to Mombasa next to the Port, there are companies that want to build their own industries, but are not being allowed because of monopoly. As we vote for this we have to be prepared and tell Kenyans that the cost of borrowing even locally will be higher. The interest rates locally will be higher. There is no way we will allow the Government to borrow more and then expect the interest rates to go down. We have to be realistic and tell Kenyans that even this interest cap we are talking about will have to go away because next year the largest part of the Kenyan budget will be to repay the loans."
}