IMF urges CBK to cut MPC Meetings to four annually

According to the IMF, the current structure, which requires six MPC meetings each year and a full forecast round for every meeting, places significant pressure on the central bank's forecasting team and can limit the depth of analysis supporting monetary policy decisions...

✨ Key Highlights

The International Monetary Fund (IMF) has advised the Central Bank of Kenya (CBK) to reduce the frequency of its Monetary Policy Committee (MPC) meetings from six to four annually.

The IMF suggests this change to enhance the quality of economic forecasts and better align policy decisions with key economic data releases.
This adjustment aims to alleviate pressure on the CBK's forecasting team, which currently faces compressed timelines due to the mismatch between MPC meeting schedules and the release of quarterly national accounts data.
The fund also proposed an interim step of four meetings initially, followed by an eventual increase to eight interim meetings annually focused on updated data and near-term projections.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News

business3d ago

Farmers increasingly turn to buyers for credit, CBK says

Farmers in Kenya are increasingly turning to buyers of their produce for credit, a trend that gained significant traction during the May 2026 long rains season, according to a survey by the Central Bank of Kenya (CBK).

Capital Business

📰 Read Full Story