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The Conversation
The Conversation
XN Iraki, Associate Professor, Faculty of Business and Management Sciences, University of Nairobi

Kenya’s new finance minister has good credentials but he can't work miracles

William Ruto Kenya National Treasury Economics Inflation Mwai Kibaki Uhuru Kenyatta Economy Poverty Unemployment
Yasuyoshi Chiba/AFP via Getty Images

President William Ruto has nominated Njuguna Ndung'u to head Kenya’s National Treasury. A Central Bank of Kenya governor for eight years between 2007 and 2015, Ndung'u is also an accomplished researcher and a University of Nairobi academic. He has extensive expertise in macroeconomics (inflation, economic growth, national income and unemployment) and poverty reduction.

Photo of Prof Njuguna Ndung'u
Njuguna Ndung'u served as Central Bank of Kenya governor between 2007 and 2015. Getty Images
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