Browsing: World Bank Group (WBG)

Why Kenya’s Central Bank governor wants to meet US Secretary of Treasury

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  • Governor Patrick Njoroge has written to Janet Yellen seeking audience with her during this year’s Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF).
  • The meetings are set to take place in Washington DC from  April 10 –16.
  • In January, the World Bank revised downwards Kenya’s growth projection for 2023 to five per cent from 5.2 per cent.

The Central Bank of Kenya (CBK) governor is keen to meet the US Secretary of the Treasury, as the East African country navigates through tough economic times occasioned by both global and domestic factors.

Governor Patrick Njoroge has written to Janet Yellen seeking audience with her during this year’s Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), set to take place in Washington DC from  April 10 –16.

This is after failing to meet Yellen last October.

“I would greatly appreciate …