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Certification CERTIFICATION The Minutes of Proceedings which appear in the following book have been established by the Clerk of Parliament and have been amended and confirmed by Parliament in accordance with the provisions of Article 18 of the Standing Orders of Parliament. Lino Bulekuli dit SACSAC Speaker of Parliament Clerk of Parliament i PARLIAMENT OF THE PARLEMENT DE LA REPUBLIC OF VANUATU REPUBLIQUE DE VANUATU SIXTH LEGISLATURE OF PARLIAMENT ALICK, Hon. John Robert Member for Tongoa AVOCK, Hon. Sam Dan Member for Paama BANGTOR, Hon. Daniel Aaron Mem ber for A m brym BONGNAIM, Hon. Irene Leingkon Member for Ambrym BOULEKONE, Hon. Vincent Member for Pentecost BULE, Hon. James Member for Ambae CALO, Hon. Joe Bomal Member for Efate HAKWA, Hon. Silas Charles Member for Ambae IMBERT, Hon. Jimmy Member for Santo JIMMY, Hon. Willie Member for Port Vila KALPOKAS, Hon. Donald Member for Efate KILMAN, Hon. Sato Member for Malekula KORMAN, Hon. Maxime Carlot Member for Port Vila LEMAYA, Hon. Kila Mande Member for Epi LEO, Hon. Clement Member for Port Vila LINI, Hon. Walter Hadye Member for Pentecost MAHE, Hon. Jean Alain Member for Santo MERIFAR, Hon. Josiah Tom Member for Ma lekula MOLI, Hon. Josias Member for Malo MOLISA, Hon. Sela Member for Santo NAFUKI, Hon. Allan Member for Outer Southern Islands NATAPEI, Hon. Edward Nipake Member for Port Vila NATUMAN, Hon. Joe Member for Tanna NAUNUN, Hon. laris Member for Tanna NICKLAM, Hon. Jimmy Member for Tanna PASVU, Hon. Philip Iercet Member for Santo POSEN, Hon. Willy Member for Tanna RAKOM, Hon. Foster Member for Efate RAVUTIA, Hon. Albert Pisuvoke Member for Santo RAYARU, Hon. Wilson Member for Port Vila REGINALD, Hon. Stanley Member for Banks/Torres SAIMON, Hon. Esmon Mem ber for Malekula SESE, Hon. Jacques Member for Ambae SONG, Hon. Keasipai Member for Tanna SOPE, Hon. Barak Tame Member for Efate STEVEN, Hon. Morkin Iatika Member for Tanna 11 TABI, Hon. Barnabas Member for Pentecost TABI, Hon. Jonas Kuran Member for Pentecost TAGA, Hon. Henri Tarikarea Member for Port Vila TARI, Hon. John Molibaraf Member for Santo TARI, Hon. Paul Ren Member for Maewo TELLKLLK, Hon. Paul Barthelemie Member for Malekula THYNA, Hon. Jacob Member for Malekula TINWAKO, Hon. Anas Member for Santo TITEK, Hon. Jacklyn Reuben Member for Port Vila TITONGOA, Hon. Amos Member for Shepherds VARASMAITE, Hon. Willie Ollie Member for Epi VOHOR, Hon. Serge Rialuth Member for Santo WELLS, Hon. George Andre Member for Luganville WILLIE, Hon. John Morrison Member for Malekula WILSON, Hon. Barnabas Member for Banks/Torres YAUKO, Hon. Henry Member for Tanna 111 PARLIAMENT OF THE REPUBLIC OF VANUATU SIXTH LEGISLATURE OF PARLIAMENT THIRD EXTRAORDINARY SESSION OF 1998 WEDNESDAY 29TH JULY 1998 SPEAKER : The Hon.. Nipake. E. NATAPEI, Member for Port Vila. PRESENT : The Hon.. John A lick ROBERT, Member for Tonga The Hon.. Sam Dan AVOK, Member for Paama The Hon.. Daniel BANGTOR, Member for Ambiym The Hon.. Joe Bomal CALO, Member for Efate The Hon.. James BULE, Member for Ambae The Hon.. Donald KALPOKAS, Member for Efate The Hon.. Clement LEO, Member for Pentecost The Hon.. Walter. H. LINI, Member for Pentecost The Hon.. Josias Tom MERIFAR, Member for Malekula The Hon.. Josias MOLI, Member for Malo The Hon., Sela MOLISA, Member for Santo The Hon.. latika STEVENS, Member for Tanna The Hon.. Allan NAFUKJ, Member for Outer Islands The Hon. Edward E. NATPAEI, Member for Port Vila. The Hon. Iarris NAUNUN, Member for Tanna The Hon. Jimmy NICKLAM, Member for Tanna The Hon. Philip PASVU, Member for Santo The Hon. Poster RAKOM, Member for Efate The Hon.. Keasipai SONG, Member for Tanna The Hon. Wilson RAYARU, Member for Port Vila The Hon. Barnabas Andy TABI, Member for Pentecost The Hon. Jonas TABIKURAN, Member for Pentecost The Hon. John Tari MOLIBARAF, Member for Santo The Hon. Paul Ren TARI, Member for Maewo The Hon. Annas TINWAKU, Member for Luganville The Hon. Jackleen Rueben TITEKS, Member for Malekula The Hon. Willie Oli VARASMAITE, Member for Epi The Hon. George Andre WELLS, Member for Luganville The Hon. John Morrison WTLLIE, Member for Malekula The Hon, Barnabas WILSON, Member for Banks ABSENT The Hon. Vincent BOULEKONE, Member for Pentecost The Hon. Maxime CARLOT, Member for Port Vila The Hon. Esmon SAIMON, Member for Malekula The Hon. Silas HAKWA, Member for Ambae The Hon. Jimmy IMBERT, Member for Santo The Hon. Jimmy WILLIE, Member for Port Vila The Hon. Sato KILMAN, Member for Malekula The Hon. Irenee B LEINGKONE, Member for Ambrym The Hon. Kila LEMAYA, Member for Epi The Hon. Jean Alain MAHE, Member for Santo The Hon. Joe NATUMAN, Member for Tanna The Hon. Albert RAVUTIA, Member for Santo The Hon. Willy POSEN, Member for Tanna The Hon. Stanley REGINALD, member for Banks The Hon. Serge VOHOR RIALUTH, Member for Santo The Hon. Jacques SESE, Member for Ambae The Hon. Barak. T SOPE, Member for Efate The Hon. Henry Karea TAGA, Member for Port Vila The Hon. Paul TELUKLUK, Member for Malekula The Hon. Jacob THYNA, Member for Malekula The Hon. Amos TITONGOA, Member for Emae The Hon. Henry YAUKO, Member for Tanna 1. The Honourable Speaker of Parliament noticed that there was no quorum and adjourned the Session until 3rd August 1998 in accordance with paragraph (4) of Article 21 of the Constitution. 2. The sitting adjourned at 2.45 p.m 2 PARLIAMENT OF THE REPUBLIC OF VANUATU SIXTH LEGISLATURE OF PARLIAMENT THIRD EXTRAORDINARY SESSION OF 1998 MONDAY 3RD AUGUST 1998 SPEAKER : The Hon. Nipake E. NATAPEI, Member for Port Vila PRESENT 47 Members LATE : The Hon. Esmon SA1MON, Member for Malekula The Hon. Barak T SOPE, Member for Efate The Hon. Paul TELUKLUK, Member for Malekula The Hon. Jacob THYNA, Member for Malekula. 1. The Hon. Speaker opened the sitting at 8.50 a.m and asked Parliament to observe a minute of silence in respect of the death of Alexis Bulekuli, the father of Lino Bulekuli, Clerk of the Parliament. 2. The Hon. Allen NAFUK1, Member for Other Southern Islands and the Government Whip, said the prayer. 3. The Hon. Speaker read the Agenda. 4. The Hon. Paul Ren TARI, Member for Maewo and Leader of the Government Business, announced the Bills to be debated. BILL FOR THE LOAN AGREEMENT BETWEEN THE ASIAN DEVELOPMENT BANK AND THE VANUATU THE GOVERNMENT ACT NO. OF 1998 FIRST READING 5. The Hon. Sela MOLISA, Minister of Finance, tabled the Bill and moved that it be read a first time. 3 6. The Hon. Willie JIMMY, Member for Port Vila, said that he was terminated from being the Minister of Finance because the ADB felt that he was an obstacle on the study, which the ADB was carrying out on the economy of the country, the merging of the DBV and NBV. He added that he did not agree with some of the loan conditions of the ADB and he would vote against the Bill. 7. The Hon. Barak. T SOPE, Member for Efate, said that every projects implement with foreign loans was not successful and that the ADB loan would not improve the situation of the country and also opposed the loan conditions as the Mortgage of The Government’s assets. He added that the Opposition would vote against the Bill because he felt that the loan would not be used to finance an activity nor a project to generate revenues for the country. He also felt that the loan would oblige the Government to impose the VAT that would make life more difficult for Ni-Vanuatu and also demanded the merging of the two local Banks. 8. The Hon. Prime Minister was sorry to see that some people did not appreciate the situation, which we are living in today and said that we cannot get out from this situation in folded arms and that was why we needed a reform. He added that with this reform we could bring back confidence in the country and attract new investors. 9. The Hon. Joe NATUMAN, Minister of Education, supported the principle of the Bill and said that every problem which existed in the country today were known and that was why we had to take a reform which was an adequate solution to solve these problems. He added that the former the Government in the past years had taken a loan from some lending institutions, which were not appropriate lending institutions, and that this the Government would take a loan from a foreign lending institution, which was recognised internationally to avoid the same mistakes. 10. The Hon. Jacques SESE, Member for Ambae, considered that the loan would not change the country’s situation unless people changed their mentality. There were different interpretations of the term “right sizing” that it was more like “downsizing” the workforce. He said that the Banks had already received loans. He said that foreign managers did not prove that there be better management in the Bank. He said that it was like being re-colonized with the more external assistance and technical experts coming in, usually expatriates, who worked for more than two years, did not train Ni-Vanuatu so that replacement could take place and in a way, expatriates were intentionally prolonging it to happen. On reading through the Bill, he saw that there were guidelines by which the country could obtain a loan. He considered that instead of reducing the workforce, there was more of an increase. 11. The Hon. Walter H LINI, Minister of Internal Affairs, listened with interest to the comments raised by both sides of the House. Both Opposition and the Government were aware of the financial situation of the country.
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