MANDAGO HOSTS CENTRAL BANK OF KENYA TEAM

MANDAGO HOSTS CENTRAL BANK OF KENYA TEAM

Uasin Gishu Governor Jackson Mandago,EGH, his Deputy Daniel Chemno and CECM Finance & Economic Planning CPA Julius Ruto, Monday, led Uasin Gishu County Executive Committee Members and top administration in negotiating for faster release of funds from central bank.

The negotiation and subsequent agreements were done when Mandago hosted a delegation from Central Bank of Kenya led by Governor Dr Patrick Njoroge and comprising chairman Mohammed Nyaoga, board of directors at the county headquarters.

Also present during the talks were County Assembly Committees of Finance and Economic Planning and that of Housing, Urban Planning and Development.

Uasin Gishu County hosts one of the country’s three central bank branches; others are in Mombasa and Kisumu.

In his welcoming statement, Mandago registered his pleasure of leading a government that boasts of cohesion between the executive and legislature which ensures smooth running of government business amid general teething legislative, policy as well as operational challenges.

Mandago embraced this meeting and hoped that more of such would happen in future as it provided an opportunity to exchange notes and help smoothen operations between his government and the central bank being government’s principal banker.

Dr Njoroge said that the visit provides the government banker a chance to assess and understand how their polices and procedures affect county operations as well as the performance of local economies. He also noted that his office and administration enjoy a close,and cordial working relationship with Uasin Gishu county through the office of CPA Julius Ruto, CECM Finance & Economic Planning.

“We privileged to have and opportunity to discuss issues that affect counties on internet banking and how they work and even going forward how they can be resolved in the near future within the (central Bank of Kenya) branch here and not necessarily us (Uasin Gishu county) going to Nairobi” , Mandago said.

During the talks, County Executive Committee Members had an opportunity to interact with top technocrats and officials from central bank.

Uasin Gishu County boss expressed optimism that his administration as well as neighbouring counties will benefit from implementation of these negotiations in the very near future.

While addressing the media after their meeting Dr Njoroge said that they had reached an agreement with Uasin Gishu County to facilitate faster release of county funds. This will be achieved by allowing County department of Finance and Economic Planning to transact fund release from Central Bank of Kenya Eldoret branch. Previously, county finance and economic planning officials had to travel to Nairobi to present budgetary documents before fund release is approved.

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