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"speaker_name": "Hon. Bunyasi",
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"legal_name": "John Sakwa Bunyasi",
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"content": "Fourthly, there are countries that have used this kind of a project extensively in the phase in which they were struggling to become relatively competitive. A country like India, for example, has significant controls that are targeted to the performance of the Rio sectors. These are sectors of the economy that produce goods and services. There are implications for these kinds of amendments. One of the implications is that when you tighten, and the Members have mentioned issues of shylocks, the space for banks in lending the shilling, they will lend in other currencies. It will begin to flow over into the FOREX exchange markets. There are major implications there. We should not necessarily shy away, but we should be conscious that the implications are far reaching and will need to be considered. That may be one reason why my colleague from Mukurweini is concerned about the ultimate possibility that we may not get an assent on this Bill. But that is not the issue because we do not worry and anticipate what the Presidential decision will be."
}