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{
    "id": 269599,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/269599/?format=api",
    "text_counter": 410,
    "type": "speech",
    "speaker_name": "Mr. Kimunya",
    "speaker_title": "The Minister for Transport",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " On a point of order, Mr. Deputy Speaker, Sir. I am trying to follow the argument by the hon. Member who has given us some figures - obviously they are not in the Report - but from what is on page 79 of the Report by the Committee which is a graphic representation of the relationship between the daily inter-bank rates and the CBK rates, it is very clear that over the period, the CBK rate was higher than the inter-bank rate. This is in a report of the Committee itself. However, what he is telling us is totally different. Now I am at a loss as to which one we should believe, between what he is giving us now and what the Committee has given us in a report on figure 2 on page 79 which shows us very graphically that between 11th January and 11th February, it is only one week that you can see the CBK discounted being lower than the daily inter-bank rates. At every other time, the CBK rate is higher than the inter-bank rates. This shows that the CBK was more punitive than the inter-bank rates. That is what it is shown on page 79, figure 2. It shows very clearly and I want the hon. Member to comment on that because we are actually getting lost between the two figures."
}