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"id": 998536,
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"type": "speech",
"speaker_name": "Hon. Makali Mulu (",
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"content": "The other point is public debt. I just want to give very specific examples. Our public debt to revenue ratio has gone beyond the international recommended threshold. When you look at the public debt to export ratio, we have gone above the recommended threshold. About three weeks ago, Kenya was degraded from being moderate in credit risk to high level. These are clear borders that this House needs to apply its mind to the public debt. I remember at some point, you recommended that we needed a committee to look at this. I want to encourage the Departmental Committee on Finance and National Planning to take time and apply their minds to the public debt. If it is not done, this is a big threat to this country. We, as a House, cannot ignore it."
}