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"id": 389445,
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"type": "speech",
"speaker_name": "Hon. A. B. Duale",
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"speaker": {
"id": 15,
"legal_name": "Aden Bare Duale",
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"content": "Clause 7 seeks to insert a new subsection 20(a) of the amendment Bill again in the principal act to empower the board to fix the size of the fund. Mainly, it talks about the number, the size and the extent of the fund. Within the international standards which promote confidence in the member institutions, the insurance will protect the interest of the depositors. Mainly it gives us the number and a safeguard in terms of the protection of the depositors."
}