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{
    "id": 12804,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/12804/?format=api",
    "text_counter": 360,
    "type": "speech",
    "speaker_name": "Mr. Deputy Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Order! Indeed when you select banks to do these things in the national interest, there is an assumption that there is a sacrifice on both sides. These are banks that are willing to help the public sector by inspiring and stimulating the economy of the country by making loans available to people who otherwise would not access that facility. However, to lend that same money at the rate of 16 per cent, which essentially is the market rate, you could, as a matter of fact get a rate that is lower than that today. That, in itself, in the opinion of the Chair is very disturbing and the Chair directs that Parliament being the custodian and protector of the public resources in one way or the other and holds all other institutions accountable for public funds, that the relevant Committee on Finance, Planning and Trade moves with speed and reports back to this House in a maximum of three weeks."
}