Kenya’s monetary policy framework under threat – IMF

DO NOT USE central-bank-of-kenya-night
Central Bank of Kenya's monetary policy operating framework is under threat - IMF

The International Monetary Fund has condemned the Kenyan government's latest actions to enforce interest rate controls, stating it "further constrains" the central bank's ability to conduct monetary policy.

In the first review of its standby agreement with the African nation, published on February 2, the fund said the adoption of interest rate controls would have a number of adverse impacts on the entire banking system, including transparency, profitability and the ability to access credit.

Unde

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.