Could the Cabinet Secretary – (i) explain the impact that de-dollarization by countries s…

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26 Jun 2023 Asked by William Kamket Kassait Cabinet Secretary for National Treasury and Planning Ordinary Pending

Question

The Member for Tiaty (Hon. William Kamket, MP) to ask the Cabinet Secretary for National Treasury and Planning: - Could the Cabinet Secretary – (i) explain the impact that de-dollarization by countries such as China, Brazil, Russia, India, Malaysia and Saudi Arabia may have on Kenya’s Economy, in light of the fact that these countries are key markets and trade partners in Kenya’s international trade? (ii) Clarify whether Kenya will follow the same trend of de-dollarization that has been adopted recently by various developing market economies?

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