Trade allows us individually, and as a nation, to devote our scarce resources to their most advantageous uses and then exchange our products with others to satisfy our diverse preferences. This process allows specialization, and it is what gives rise to the existence of markets. The lifeblood of trade is communication.
This is why we have spearheaded the drafting of a National Financial Inclusion Strategy, to bring together the financial inclusion work in other government agencies, interested NGOs 4  BIS central bankers’ speeches  and the private sector into a comprehensive, holistic plan. We hope to be able to launch this year.