FastSaying

We (at Treasury) and the Central Bank are concerned about the strengthening shilling and are holding regular meeting, but an intervention would create speculative tendencies that may prove even more difficult to contain.

Joseph Kinyua

BankCentralConcernedHoldingMeetingRegularShillingStrengtheningTreasury

Related Quotes

Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have balanced regulation to encourage the economy.
— Abdul Aziz Al Ghurair
BalancedBankBanks
The issue poses a major challenge as nobody seems ready to bite the bullet.
— Joseph Kinyua
Challenge
This will ensure fairness since the two envisaged regulators have no conflict of interest in the industry.
— Joseph Kinyua
ConflictInterestWill
The challenge is on the RBA and other players in the industry to increase the level of coverage and hence further strengthen the asset base of the industry.
— Joseph Kinyua
Challenge
The Government?s policy is to reduce the wage bill to free resources for development purposes.
— Joseph Kinyua
Government