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{
    "id": 1164001,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1164001/?format=api",
    "text_counter": 57,
    "type": "speech",
    "speaker_name": "Sen. Farhiya",
    "speaker_title": "",
    "speaker": {
        "id": 13179,
        "legal_name": "Farhiya Ali Haji",
        "slug": "farhiya-ali-haji"
    },
    "content": "countries a breather to cope with the debt servicing. That way, we will see our friends as people who care about us and want justice across all countries. Why am I speaking about this vis-à-vis social justice? When revenues dwindle, the money targeted for social justice is also less. Therefore, the Government will have less disposable money to ensure that the vulnerable who need to be looked after in terms of social protection are taken care of. However, it will not be possible because the revenue is not the same. In case of any shocks to an economy, people who face it first are the less privileged. In terms of business, the blue-chip companies may not have a buffer to ensure that in case of a shock, they can tap into that reserve. Unfortunately, Small and Medium Enterprises (SMEs) do not have those kinds of luxuries. Even SMEs will go down and poverty levels will rise. The world can only develop if all of us develop because we are interrelated and businesses are linked globally. That makes the world a global village. It means that a problem of one country becomes the problem of another. That is something that out friends cannot overlook. Madam Temporary Speaker, as I support this Statement, the international community needs to look at that. We have to meet Sustainable Development Goals (SDGs). Millennium Development Goals (MDGs) failed and now we have SDGs until 2030. If we do not develop as nations, there is no way the western countries will develop without pulling others who are going down. It is my plea that they should give a waiver of both interest and principal of loans borrowed by developing countries because of COVID-19 pandemic. I thank you."
}