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{
    "id": 235280,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/235280/?format=api",
    "text_counter": 423,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Finance",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " Mr. Temporary Deputy Chairman, Sir, we are starting from trying to make institutions work. With regard to the issue of who should represent the Permanent Secretary, this should be the official representative. The office of the Permanent Secretary to the Treasury is recognised within the Central Bank Act as a director. We are trying to avoid a situation whereby in the event that the Permanent Secretary is away and a Board meeting is called, the Board cannot meet until the Permanent Secretary comes back. We must also remember that the Permanent Secretary is a non-voting member. So, his representation is basically meant to provide the linkage between the Central Bank and the Treasury. Let us not make institutions not work because we are not freeing them enough. That is what good governance is all about. This is a very straightforward administrative amendment that is consistent with rules governing all the other State bodies where the Government is represented by either the Permanent Secretary or his representative. This happens in all the other parastatals except the Central Bank."
}