But also we have seen the benefits of innovations in the financial sector for inclusive growth and reducing cost of doing business. To conclude, Your Excellency, Ladies and Gentlemen, I once again want to reiterate that the benefits of regional integration outweigh the challenges and that EAC countries can overcome the challenges.
The Central Banks in the region have a role to play in the transformation of the EAC economies. Consequently, the EAC Central banks have put their best foot forward to support the integration Agenda during the 10 year transition window to the establishment of the EAC Central Bank.