Nairobi — Kenya's private sector has singled out Central Bank of Kenya's (CBK) reduction of cash ratio, payment of pending bills to contractors and local content input to help salvage women-run businesses.
In the ongoing tough macro and regulatory environment, Kenya National Chamber of Commerce & Industry's is proposing CBK reduces the cash ratio from 5.25 percent to at least 3 percent to stimulate liquidity and lower interest rates, boosting private sector lending, among them women-led enterprises.
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