Thugge confirmed as next Kenya governor

President’s adviser gets parliamentary approval and calls for dollar bonds to boost reserves

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Kenya’s national assembly confirmed Kamau Thugge as governor of the country’s central bank yesterday (June 7)

Thugge will succeed Patrick Njoroge, whose second and final four-year term as governor ends on June 17. Kenyan president William Ruto chose Thugge, who has been one of his economic advisers, as his nominee last month, from a shortlist prepared by a commission.

In an appearance before the national assembly’s finance committee on May 30, Thugge said his priority would be to stabilise the

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