{"id":53345,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/53345/?format=json","text_counter":930,"type":"other","speaker_name":"","speaker_title":"","speaker":null,"content":"Mr. Temporary Deputy Speaker, Sir, on short-term interest rates, the BPS acknowledges that the average lending rate for commercial banks failed to drop in tandem with short-term rates. However, the Committee is concerned that despite this, the BPS has not proposed prescriptions to deal with perpetual interest rates which have contributed to the disproportionately super- normal profits enjoyed by most commercial banks at the expense of depositors."}