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 Form 4 History and Government: Public revenue and expenditure

Functions of Central Bank of Kenya

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Answer Text:
a) Promote and maintain the stability of the value of the currency of the Republic.
b) Issue notes and coins.
c) Act as banker and financial adviser of the Government.
d) Conduct the monetary policy of the Government in a manner consistent with the relevant provisions of the law in the interest of the balanced and sustainable economic growth of the Republic.
e) Encourage and promote economic development and the efficient utilization of the resources of the Republic.


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