As financial services professionals it may be of interest to you, to know that almost 15 per cent of Central Bank’s new employees since I assumed office are in the area of financial supervision and another 10 per cent are in economic research. I have sought to build capacity in strategic areas to ensure we fulfil our economic and financial stability mandate.
International spillovers Liquidity support operations by central banks at different stages, explicit state guarantees to banks and expansionary policies succeeded in stopping the recession, which changed the course of developments in comparison to the 1930’s.