In order to empower you to undertake this role, the Central Bank would like to contribute, within its means, to the development of a budding financial journalism sector in Kenya through appropriate capacity building programmes for business journalists. As Kenya aspires to become a regional financial hub, the role of financial journalists cannot be gainsaid.
Loans to HFCs were made eligible for the special repo window opened for bank lending to mutual funds. HFCs were also allowed to borrow abroad from bilateral and multilateral agencies with prior approval from the RBI. The period of concessional export credit was extended and the entitlement of banks under the export refinance facility from the RBI was enhanced.