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{
    "id": 94669,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/94669/?format=api",
    "text_counter": 156,
    "type": "speech",
    "speaker_name": "Mr. M.M. Ali",
    "speaker_title": "",
    "speaker": {
        "id": 74,
        "legal_name": "Ali Mohamud Mohamed",
        "slug": "ali-mohamud-mohamed"
    },
    "content": "Mr. Speaker, Sir, I agree with the hon. Member that the amount is rather small compared to the need and level that we had initially targeted. But for the last financial year, although his Question was very specific - it was about this financial year! I did not quite look at it. However, we need 8,000,000 bags in the SGR stores at any one time. So, there is a clear shortfall of about 4,000,000 bags. But we have held discussions with the Treasury and we have been assured that more funds will be released so that we will be able to keep the level at the required amount. Otherwise, out of that SGR of 8,000,000 bags, we will make sure that 4,000,000 is physically available. The rest will be kept as Treasury Bonds. It will be consumed as the need arises."
}