The licensing of SMEP DTM is therefore another milestone towards the development of an all inclusive financial system in Kenya as envisaged by Kenya’s economic blue print Vision 2030.
BIS Review 23/1997  -2-  Not only is there no evidence that tolerating more inflation can engineer sustainably faster real growth, there is now overwhelming evidence that high inflation positively damages the way in which the economy works - reduces the capacity for sustainable growth and higher employment, and of course also does huge social damage, through the arbitrary redistribution of income and wealth which it creates.