
IMF official criticises interest rate caps in speech honouring Kenyan central bank

A senior IMF official strongly criticised governments that cap interest rates in a speech in Kenya, which last month passed a law imposing caps on interest rates.
Mitsuhiro Furusawa, deputy managing director of the International Monetary Fund, did not mention any country by name in the September 13 speech in Nairobi, Kenya's capital, in honour of the fiftieth anniversary of Kenya's central bank. Furusawa spoke to an audience including Kenyan central bank governor Patrick Njoroge.
Last month
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 print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com