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"speaker_name": "Sen. Nyamu",
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"content": "Thank you, Sen. Cherarkey. Thank you, Mr. Speaker, Sir, for giving me this opportunity. I rise to support the nomination of Mr. Andrew Mukite Musangi as the Chairperson of the Board of the CBK. As a colleague and a senior in the legal profession, Mr. Andrew Mukite Musangi has demonstrated a wide range of contributions towards national building in his resume. As we are all aware, the President inherited a dilapidated economy. So, he will need a partner on that front to help him steer the country in the right direction. We have Mr. Andrew Mukite Musangi who has experience in law, business, public affairs management and politics. So, I have faith in him and his capacity. Article 231 (2) of the Constitution clearly outlines the mandate of CBK to formulate and conduct monetary policy and to keep inflation within the targets of the National Treasury. As my colleagues before me have said, he is also tasked with managing the foreign exchange reserves and to issue currencies. I wish to remind him of the huge responsibility before him. As the state of our economy and as Kenyans, we look up to him. Therefore, should he be approved by this House, we will support him and we wish him the best. I thank you."
}