Of course, under pressure from balance sheet adjustments, the pace of recovery after the global financial crisis has been moderate compared with that in past recovery phases, so making a simplistic comparison in terms of the duration of expansion may be problematic.
Ladies and gentlemen: Let me now point out that Kenya’s financial industry is currently one of the fastest growing not only in the East African region but in the continent. In this regard, the Government is therefore committed to the implementation of sound policies towards financial deepening and overall economic development of this country as captured in Vision 2030.