Senate debates

Thursday, 1 November 2012


Grameen Bank; Presentation

11:50 am

Photo of Ursula StephensUrsula Stephens (NSW, Australian Labor Party) Share this | | Hansard source

I give notice that, on the next day of sitting, I shall move:

That the Senate—

(a) recognises and applauds the work of the Grameen Bank in helping to lift millions of poor people, particularly poor women, out of poverty;

(b) acknowledges the work of founder Professor Muhammad Yunus and Grameen Bank as joint recipients of the 2006 Nobel Peace Prize for their work fighting poverty;

(c) notes the actions of the Government of Bangladesh on 22 August 2012 in amending the section of the Grameen Bank Ordinance relating to the appointment of a Managing Director;

(d) encourages the Government of Bangladesh to work cooperatively with the Bank’s board of directors on the appointment of a new Managing Director;

(e) urges the Government of Bangladesh to ensure the continued effectiveness of the Grameen Bank; and

(f) encourages a resolution of the appointment of a new Managing Director that supports the bank’s good governance.