In line with a partial global recovery, we expect economic activity in South Africa to start recovering as lockdown measures are gradually eased. Our projections for 2021 and 2022 are for GDP to recover to 3.7% and 2.8% respectively.
Our gratitude again to AFI and the Pacific Financial Inclusion Programme for the ongoing initiative towards the up-skilling of our regulators in the region and we look forward to many such opportunities in the future. May I also acknowledge again the presence of the Australian High Commissioner to Fiji. Thank you, your Excellency for taking the time to be with us today.