![What it means for Kenyans as CBK raises benchmark lending rate to 8.25%](https://metropoltv.co.ke/wp-content/uploads/2022/09/CBK-1.jpg)
After receiving comments on the discussion paper issued in February 2022, CBK ruled early June that a Central Bank Digital Currency (CBDC) is not a priority for the short to medium term.
Noting that Kenya has a “highly developed digital payments ecosystem and the high level of financial inclusion”, CBK joined other central banks that have deferred decisions on the adoption of CBDC.