As you are aware, a high level Committee was established under the leadership of the Cabinet Secretary to the National Treasury in January 2014 to explore ways of increasing private sector credit and mortgage finance in Kenya.
The Bundesbank will remain the Fed’s trusted partner in future, and we will continue to take advantage of the Fed’s services by storing some of our currency reserves as gold in New York. At the same time, you can be assured that we are confident that our gold is in safe hands with you.