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{
    "id": 723260,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/723260/?format=api",
    "text_counter": 53,
    "type": "speech",
    "speaker_name": "Sen. Murkomen",
    "speaker_title": "",
    "speaker": {
        "id": 440,
        "legal_name": "Onesimus Kipchumba Murkomen",
        "slug": "kipchumba-murkomen"
    },
    "content": "Mr. Speaker, Sir, allow me to also join you and the Senate Minority Leader to congratulate and welcome the team from various countries who are interested in matters of World Bank. I join the Senate Minority Leader to say that this is a very important team. They may not be known to this House. When I went to study for my Masters degree in law, I was a World Bank funded student because I won a World Bank scholarship. That scholarship was based on building capacity for lawyers to do trade and investment in developing countries. Mr. Speaker, Sir, it is with great satisfaction for me to see that many countries including our neighbours Tanzania and Uganda are here. It is also important to say that as country members of World Bank and IMF, it is important that democracy is increased and decision-making in World Bank and IMF reflect the numerical strength of developing countries. This is because there being MPs from different countries in the world, it is time we started talking about reform of those institutions to reflect the word “democracy.” This is a democratic institution and our colleagues over there come from democratic institutions. It is important that democracy is discussed within World Bank and the IMF, so that we do not have crude representation of a few people and especially if you have a rogue president like Donald Trump because one or two people will just make a decision on behalf of everybody in the world. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate"
}