IMF lauds Central Bank for stabilizing the local financial market
19 views · Published 7 November 2015 · 2:29 · Indexed 29 October 2026
Channel: KBC Channel 1 · 2015 · News & Politics
The International Monetary Fund has lauded Kenya’s Central Bank for bringing stability in the local financial market. The fund says the move to tighten the interest rates has saved the economy from further shocks that risked dragging economic growth. However, the fund has urged the government to boost export and address challenges facing the tourism industry which is Kenya’s third highest foreign exchange earner. Connect with KBC Online; Visit our Website - http://www.kbc.co.ke/ Follow KBC on Twitter - https://twitter.com/KBCChannel1 Find KBC on Facebook - https://www.facebook.com/kbcchannel1news/ Follow KBC on Instagram - https://www.instagram.com/kbcnews_/ #KBCNewsHour
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