I should also point out that it was the microfinance practitioners who helped to initiate the process of developing Kenya’s microfinance legal and regulatory framework through a consultative process. Your Excellency; The MFI sector is now transforming to deposit taking institutions.
Almost 65% of foreign direct investment in Germany now comes from the euro area – and more than one and a half million jobs depend on that investment. In other words, a stable euro area supports a strong German economy. And a stable euro area is the objective of the all the measures that I have just described.