Financial inclusion initiatives which are being considered across our region to mobilise microfinance and insurance, ensure better use of remittances, credit and savings through 3/4  BIS central bankers' speeches  financial literacy, as well as embrace fin-tech solutions to reduce the transaction costs of access to finance will help build a stronger microeconomic foundation for a more holistic, resilient and sustainable development for our countries.
Backed by high corporate profitability, business fixed investment is growing steadily in a wide range of industries. Still, given the historically high levels of profits and cash flow, the current level of business fixed investment appears too modest. This cautious corporate behavior contributes to the mild and long-lasting recovery.