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{
    "id": 965748,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/965748/?format=api",
    "text_counter": 254,
    "type": "speech",
    "speaker_name": "Nambale, ANC",
    "speaker_title": "Hon. Sakwa Bunyasi",
    "speaker": {
        "id": 2511,
        "legal_name": "John Sakwa Bunyasi",
        "slug": "john-sakwa-bunyasi"
    },
    "content": "If you will rollover at a higher cost to the Government the private borrowers are going to be paying rates that are even higher than they had before. When you do that, you kill our Small Micro-Enterprises (SMEs) and our start-up businesses. We depress the income of households; anybody who borrows will be paying a lot more. That is happening because there is budget for which we celebrated by it sheer size and is putting pressure on people instead of facilitating growth. This is not the right time to let go the controls that were there. However, be it as it may, this is a warning sign that going forward we will have to... I am told perhaps in another Supplementary Budget Estimate. But we will have the new Budget Estimates coming in soon. What we have done indicates that it is not business as usual; it is even better than usually. So that is a very serious trend."
}