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"type": "speech",
"speaker_name": "Mr. Kimunya",
"speaker_title": "36 Wednesday, 12th September, 2012(P) The Minister for Trade",
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"legal_name": "Amos Muhinga Kimunya",
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"content": " Mr. Deputy Speaker, Sir, I rise to support this amendment and thank Mr. Midiwo for having clarified the position. Listening to the contributions by hon. Members, it appears that there is, indeed, some confusion as to what this amendment is seeking to do. Hon. Members will recall that arising from the report of the Committee that was looking at the depreciation of the Shilling, one of the amendments that were proposed was that there should be proper governance structures within the CBK. There was a very clear recommendation that a position of the chair should be created to delink the administrative functions from other technical functions of the CEO of the bank who is the Governor. Mr. Ogindo took a cue from this and within the framework of the Finance Bill brought an amendment which was unanimously passed by this House creating the position of a chair and defining the functions of the chair of the CBK. What was left and I believe this is now the lacuna that is being cured through this amendment---"
}