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"id": 724081,
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"type": "speech",
"speaker_name": "Hon. (Ms.) Otucho",
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"speaker": {
"id": 12837,
"legal_name": "Mary Emaase Otuch",
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"content": "Hon. Temporary Deputy Chairman, I beg to move: THAT, Clause 2 of the Bill be amended by deleting paragraph (c). It is about the definition of “Government to Government loan.” It is noted that the definition includes among others a financial institution that is an intermediary between the Government and exporters. It is, therefore, our considered opinion that this does not fit in the definition. This may potentially open a situation where some institutions of questionable credentials would be involved in lending to Government and such loan be classified as being Government to Government. Therefore, the definition may be deleted and we revert to the usual definition that is currently in use which does not have any ambiguities."
}