Abstract: |
A monetary and financial statistics (MFS) technical assistance (TA) mission
visited Nairobi, Kenya, during December 3–14, 2018.1 The main objectives of
the mission were to work with staff of the Central Bank of Kenya (CBK) to (i)
review the implementation of the recommendations made by the MFS mission in
January 2017; (ii) review the expanded coverage of the standardized report
form for other depository corporations (SRF 2SR) including savings and credit
cooperatives (SACCOs), microfinance banks (MFBs), and money market funds
(MMFs); (iii) review the standardized report form for other financial
corporations (SRF 4SR) comprising insurance companies and pension funds; (iv)
review the adequacy of the available data for the remaining institutions in
the other financial corporations (OFCs) subsector and adaptation of reporting
forms to allow the expansion of the coverage of SRF 4SR; and (v) provide
three-day training on the compilation of MFS for staff of the CBK and other
financial sector regulatory authorities. In collaboration with staff of the
CBK, the mission delivered these objectives and agreed with the authorities on
an action plan to improve MFS in Kenya. The improvement of MFS contributes to
enhancement of policy analysis and decision-making by the CBK. |