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"id": 269642,
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"type": "speech",
"speaker_name": "Mr. Keynan",
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"legal_name": "Adan Wehliye Keynan",
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"content": "On a point of order, Mr. Deputy Speaker, Sir. I must declare that the Minister is my good friend. I want to refer him to Section 4 of the Central Bank of Kenya (CBK) Act, which by now he should be familiar with; I want to read it out to prove that, indeed, what he said is completely out of order. I want to read out the functions of the Governor of the CBK, so that the Minister is aware that indeed the Governor has a very important role in financial management; it says: “The principal objective of the bank shall be to formulate and implement monetary policy directed to achieving and maintaining stability in the general level of prices. The bank shall foster liquidity, solvency and proper functioning of stable market-based financial system. It will formulate and implement foreign exchange policies.”"
}