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{
    "id": 1219011,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1219011/?format=api",
    "text_counter": 154,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "Article 231(1) of the Constitution provides for the Central Bank of Kenya, whose mandate is as follows: 1. Formulate monetary policy; 2. Promote price stability; 3. Issue currency; 4. Oversight the financial sector; and, 5. Perform other functions conferred on it by an Act of Parliament. Hon. Temporary Speaker, Cap. 491 establishes the Office of the Deputy Governor, who shall be appointed by the President through a transparent and competent process, and with the approval of Parliament. The Deputy Governor shall perform such functions as the Governor may assign to that office. Having received a Message from His excellency the President on the nomination of Dr. Susan Jemtai Koech for appointment to the position of Deputy Governor of Central Bank of Kenya, the Hon. Speaker of the Senate and the Hon. Speaker of the National Assembly, on Tuesday, 14th February 2023 and on Wednesday, 15th February 2023 respectively issued Communication and directed that the approval hearing for the nominee for appointment to the position of Deputy Governor of the Central Bank of Kenya be conducted jointly by relevant Committees of the House of Parliament as required by the Central Bank Act Cap. 491 of the Laws of Kenya. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}