Kenya committee to advise on monetary operations

The Central Bank of Kenya will benefit from expert advice on how to implement monetary policy, following the establishment of a Monetary Policy Advisory Committee on August 24.

The committee is composed of senior representatives from the central bank and the treasury, and economists from academia and the private sector.

One of the main tasks of the committee will be to sort out the interaction between government borrowing and monetary policy. At the moment, the rate on government Treasury Bills