This is the thinking that informed Kenya’s digital economy blueprint that outlines five pillars as the foundation for a thriving digital economy. The pillars are: Digital Government, Digital Business, Infrastructure, Innovation Driven Entrepreneurship and Digital Skills and Values. We are making progress in extending digitalization to other facets of our economy including digital court processes, automation of land registries and other government processes.
In the period of "low for long," many central banks faced the effective lower bound of policy rates, which is the traditional policy instrument, and have created various unconventional policy toolkits, including large-scale asset purchases and forward guidance.