Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 965747,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/965747/?format=api",
    "text_counter": 253,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "We do not have that option. This will be a deficit financed growth in the size of the budget. When that happened, the impact on the population had consequences. Let me mention two things which are alive. Recently, we removed the cap on funds borrowed in the domestic market. What will happen is this. When we have the deficit the Government must rollover the domestic debt they have got which is about Kshs 1.3 Trillion. If they are going to roll it over; it would mean you borrow it again that year. Now you will not borrow it at the old rates because there is no cap and the new rates have gone up. The pressure in the market will be big and so we are going to roll it over at even a higher cost."
}