We experienced recurrent crises in the seventies, eighties and nineties, four fully-blown crises in thirty years. But we have been crisis-free for the last eighteen years. We broke the spell by following very simple, even common sensical principles. First, by reassuring markets and society that fiscal discipline will be maintained.
In this regard, I thank all the institutions under the FAP that have contributed in various ways towards these FinAccess surveys, particularly the 2013 survey – notably the FSD, Kenya, Kenya National Bureau of Statistics (KNBS), Kenya Bankers Association, the research house TNS-RMS, Kenya Institute for Public Policy Research and Analysis (KIPPRA), Kenya Commercial Bank (KCB), Development Alternative International (DAI) and the CBK.