I would certainly agree that forward-looking rules - rules that take into account likely future developments - are likely to be better bases for monetary policy than backward-looking rules.
Second, I will briefly describe the efforts of the Central Bank of Trinidad and Tobago to promote financial inclusion, focusing on the Office of the Financial Services Ombudsman, which is the only such Ombudsman Office in the Caribbean, and on the National Financial Literacy Program, which is another pioneering initiative in the Caribbean that has received strong support from the Commonwealth Secretariat.