With the easing of oil and other non-oil commodity prices in the world market and the moderation in inflation expectations, inflation is now expected to further decelerate – and be within the target ranges – in 2009 and 2010. Actual headline inflation has decreased to 6.4 percent in March from 7.3 percent in February 2009.
Ladies and gentlemen: As I conclude, I challenge all players represented here today to closely work with AKCP to ensure the realization of its strategic objectives. As identified in  2  BIS central bankers’ speeches  the Government Report on Increasing Private Sector Credit and Mortgage Finance in Kenya, CIS has an important role to play in promoting access to affordable credit.