Former Central Bank of Kenya Governor, Prof. Njuguna Ndung'u, reflects on his fallout with the International Monetary Fund (IMF) over Kenya's monetary policy framework.
He makes the interesting case of the twin occurrence of high growth (>7.0%) & high inflation (13.0% - 14.0%) while the Fund's prescription was monetary tightening amidst static velocity of money.
"I told the IMF that I am not a spanner boy"
Credit: Central Bank of Kenya (@CBKKenya)
BREAKING:
Edwin Sifuna has fired a tough warning to Gachagua for trying to gatekeep the wantam movement.
Sifuna claims that Gachagua thinks he is the owner of the movement but Sufuna says he started it in 2023.
There is war in the opposition,Ruto will have to win in 2027.
Kanduyi stadium erupted to Sisi ni Sifuna after Prime Cabinet Secretary Musalia Mudavadi and Speaker Moses Wetangula arrived to watch western regions secondary games , MUSINGU vs Kakamega high school.
The duo were forced to leave the stadium
There are legitimate concerns over Ruto competing with SACCO members for loans
SACCO money is short-term withdrawable savings unlike pension. Members need immediate loans not 20 years after Mandera Expressway is done
A weak SASRA taking on CBK-esque roles is Russian roulette
Ndio kuamka shamelessly. Single life is biurriful, now imagine I was a ka happily married I would have been doing stupid shit from 5am trying to please people who will end up hating me anyway