We all look forward to reaching the goal of an increasingly assertive International Monetary Fund based on its relevance. Such relevance to developing and developed countries alike must be earned through good governance in all its manifestations.
The loan book is more impressive, expanding at 10.62% per year in the last 4 years which is much higher than the 3.67% p.a. growth in the 8 years from 1999. With a strong banking core firmly in place, the economy grew by 6.4 percent year-on-year in the first quarter. Prices have remained stable with inflation averaging 3.0 percent during the first semester.