IMF review seeks better central bank governance

The Central bank of Kenya, Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

The International Monetary Fund (IMF) has reviewed the governance policies of central banks around the world to minimise risks of misuse of loans and default on payments.

The Washington DC headquartered institution recently published a safeguards assessment policy report following the review by an external expert panel that was chaired by Central Bank of Kenya (CBK) chairperson Mohammed Nyaoga.

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