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{
    "id": 1249274,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1249274/?format=api",
    "text_counter": 372,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "Hon. Deputy Speaker, Article 231 of the Constitution of Kenya establishes the Central Bank of Kenya, the objects and functions of the Central Bank of Kenya as set out in Article 231(2) of the Constitution, read together with Section 4(4)(a) of the Central Bank of Kenya, Act (CAP 491). The Bank shall be responsible for formulating monetary policy, promoting price stability, issuing currency and performing other functions conferred on it by the Central Bank of Kenya as per Cap 491. Section 13 of the Central Bank of Kenya Act (CAP 491) establishes the Office of the Governor, who shall be appointed by the President through a transparent and competitive process and with the approval of the National Assembly, the Governor shall be the Principal Representative of the bank. Pursuant to Section 13 of the Central Bank of Kenya Act (CAP 491), the Public Service Commission invited applications from suitable and qualified candidates to apply for the position of the Governor of the Central Bank of Kenya. This advertisement was published in the print media and on the Commission’s website on 30th March 2023. The publication period closed on 19th April 2023 with a total of 24 persons submitting their application for consideration. Six candidates were shortlisted on 24th April 2023 and the names of the shortlisted candidates were published in the print media at the Commission’s website on the 3rd May 2023. The advertisement included an interview schedule and an invitation to the shortlisted candidates to attend interviews. The Commission conducted the interviews on 9th May 2023. The Chairperson of the Public Service Commission submitted the names of the candidates in 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."
}