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{
    "id": 959798,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/959798/?format=api",
    "text_counter": 202,
    "type": "speech",
    "speaker_name": "Nominated, ANC",
    "speaker_title": "Hon. Godfrey Osotsi",
    "speaker": {
        "id": 13172,
        "legal_name": "Godfrey Osotsi",
        "slug": "godfrey-osotsi"
    },
    "content": "The Government‟s appetite for borrowing is an issue Parliament must deal with. The Kibaki regime did very well in managing Government borrowing. But we are now seeing an upsurge of Government‟s appetite for borrowing. This is where the problem starts and it is the very reason we need to put in place interest rate capping. If we do not have interest rate capping and the Government continues with its appetite to borrow, then interest rates will even go higher and higher. That is the reason we need to maintain it. If Government borrows from the economy, The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}