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{
    "id": 247269,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/247269/?format=api",
    "text_counter": 127,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": "Mr. Speaker, Sir, I do not know where the hon. Member got the impression that the IMF and World Bank would be giving budgetary support. They do not! Contrary to what is out there, I would like to explain, for the benefit of hon. Members, that we are in a programme with the IMF that began in November 2003, which is the Poverty Reduction and Growth Facility (PRGF). It has a couple of reviews that were scheduled. The first review was completed in 2004. The second review was due in November 2005. However, it was rescheduled to February 2006, and it has been partially completed in May 2006. They will be coming back to finish the review on the information that was available, part of which was hinged on the anti-corruption plan that was being launched at the end of May 2006. We are also on course on all the macro-economic factors and we expect that by the time we finish the second review, the June 13, 2006 PARLIAMENTARY DEBATES 1273 matter will be going to the board in July, 2006. In terms of the World Bank, we have 13 running projects that are funded by the World Bank; 11 of which have been commenced within this adminstration. Two were commenced previously. We only have five programmes that we are currently negotiating and are awaiting approval by the board. Therefore, we have 18 projects in total. Thirteen are running, five are awaiting sitting of the board and approval which we expect to be any time between now and December 2006."
}