9 And by doing that, we would also sacrifice sustainable growth. But, at the same time, excessive limits on financial intermediation would certainly undermine economic development. Thus – as you all know – there is no simple, linear positive or negative relationship between finance and growth.
More than a year ago, I reminded the public of our long lasting efforts in this respect and voiced my expectation that we would succeed by mid-2021. And so we did. Commitment and strategic efforts invariably produce results and, on 11 February, J.P. Morgan announced its decision to include our dinar-denominated bonds in this prestigious family of indices as of 30 June 2021.