Decision/Other
Proposed
Mbadi says CBK, not Treasury, should approve changes to commercial bank interest rates
Treasury Cabinet Secretary Mbadi supports giving the Central Bank of Kenya, rather than the Treasury, authority to approve changes to commercial bank interest rates because of its oversight and enforcement capacity.
Actors and targets
Source
CS Mbadi reckons that CBK, and not the Treasury, should approve changes to commercial bank interest rates given its capacity for oversight and enforcement.
Not established
Fields the extractor could not fill from the post. They are gaps in the record, not negatives.
- Date of the statement
- Specific bill or amendment number
- Amount of the loan refunds at stake
- Current legal approver of rate changes
Extracted detail
Fields read from the post for this record type. The first group is ordered by what a reader usually needs; the rest stays collapsed.
- Decider role
- Cabinet Secretary, Treasury
- Position
- support
- Country
- Kenya
- Stated rationale
- CBK's capacity for oversight and enforcement
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