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{
    "id": 662156,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/662156/?format=api",
    "text_counter": 187,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The Government continues to implement measures to address the high cost of credit and to expand access of credit in the economy. We have developed the Movable Property Security Rights Bill, 2016 which provides for borrowing using movable assets as collateral for enforcement of security rights by lenders and protection of borrowers using such collateral. In addition, we are developing the electronic collateral registry where lenders will be able to launch their security rights on specific collateral through an online platform."
}