Thus, while we have become good inflation targeters, we still continue to seek third party expert evaluation of the tools we use to craft and implement responsive monetary policies. The Monetary Stability Sector will also implement more streamlined cash management operations system this year, among others.
The results of the survey showed that the country’s mortgage finance market has more than tripled over the last five years, from Ksh.19 billion in 2006 to Ksh.61 billion in 2010, while the number mortgages in the banking sector grew from 7,580 to 13,803 over the same period, demonstrating great potential in this sector.