"FORMULATE A POLICY FRAMEWORK TO REVIEW THE BANKING ACT TO RENEGOTIATE THE REPAYMENT TERMS OF THE LOANS", SEN. WAHOME WAMATINGA.
Nyeri County Senator Wahome Wamatinga wants the National Treasury and Economic Planning to come up with a policy framework to review the Banking Act in order to renegotiate the repayment terms of the loans.
Through a motion in the Senate, Sen. Wamatinga argues that such an action by the National Treasury and Economic Planning will provide cushion for Kenyans with non-performing loans and prevent the loss of their movable assets.