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{
    "id": 954658,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/954658/?format=api",
    "text_counter": 350,
    "type": "speech",
    "speaker_name": "Ijara, PDR",
    "speaker_title": "Hon. (Ms.) Sophia Noor",
    "speaker": {
        "id": 375,
        "legal_name": "Sophia Abdi Noor",
        "slug": "sophia-noor"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. I had a balance of some minutes. I want to first appreciate the ruling by the Speaker this afternoon. Some of the issues that I wanted to raise and discuss are what the Speaker ruled on this afternoon particularly, Clauses 50 and 51 on the removal of the interest rate capping on loans and lawyer- client relationship on disclosure. Those are the things I wanted to discuss at length. I will conclude by stating that, as a country, we need to reduce the cost of doing business. We need to give incentives to investors. We have many investors who are interested in doing business in this country, but because of the high cost of services, they are not able to cope with the costs. I know there are several investors who have moved out of this country to other countries because those countries have enabling environments for doing business. This is a Finance Bill. It needs to raise resources to finance programmes and projects of the Government. We need to attract investors so that we can expand our revenue base. We must create an enabling environment for all investors and we must reduce the cost of doing business. With those few remarks, I support. Thank you."
}