James Orengo

All parliamentary appearances

Entries 2831 to 2840 of 4273.

• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Speaker, Sir, I really want to persuade the hon. Midiwo that bringing this amendment the way it is coming will not be very useful because it will require restructuring the entire financial and capital market. I know the example in Brazil. It was not done piece meal. You have got to look at the financial market globally in order to make such kind of intervention. What I am worried about - because I have specific examples - there was a time when through an Executive Order, Treasury directed that all monies held by the State or institutions ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I love the passion of hon. Midiwo. But unfortunately, what I am talking about were just bad decisions. When you invest money, you want to invest it where there are going to be returns. I think that if you are putting your money in any financial institution, even as a Government, you would like to put it somewhere where there is a return. The Government should not be excluded from making such decisions. My only problem with this is that it is not structured in such a way that the basic structure of the financial ... view
• 4 Oct 2012 in National Assembly: Mr. Temporary Deputy Chairman, Sir, let me just finish by saying that we are not quite a capitalist state. If you look at the laws that we make, even relating to the financial sector, where there is State intervention, you will find that there is some element of state intervention and participation in the financial sector. That is not a truly capitalist situation nor is it pure capitalism. But if we go where hon. Midiwo is going, then we need to be very careful because if we have a disaster in the financial market, because you have put all Government ... view
• 4 Oct 2012 in National Assembly: Madam Temporary Deputy Speaker, there is something that I really have to say on this, particularly after seeing what is coming out of media organs about what we have done. I commend the House for the amendment. At some particular point in time, we may need to come back and clean this statute. The provisions that have been amended by this House were in the wrong place. They were supposed to deal with party lists, and then they brought in provisions which affected the nomination of candidates for elections. So, the category of Members of the National Assembly elected or ... view
• 3 Oct 2012 in National Assembly: Yes, Mr. Deputy Speaker, Sir. The Ministry of State for Special Programmes is for calamities or specific programmes. I stand to be corrected. I can give an undertaking to inform the Minister. view
• 3 Oct 2012 in National Assembly: Mr. Deputy Speaker, Sir, Wednesday, next week in the afternoon. view
• 3 Oct 2012 in National Assembly: Mr. Deputy Speaker, Sir, I have taken note and I will inform the Minister. view
• 3 Oct 2012 in National Assembly: Mr. Deputy Speaker, Sir, I do not know whether it is in order to bar a person from giving an opinion over a ruling on--- view
• 3 Oct 2012 in National Assembly: Mr. Deputy Speaker, Sir, the ruling has already been given. Anybody can criticise that ruling. view
• 3 Oct 2012 in National Assembly: Mr. Deputy Speaker, Sir, that is gagging not only the House--- view