This seminar, now in its 18th year, has contributed greatly to the sharing of diverse experiences and ideas among central banks in various countries. It has also provided an opportunity for broadening the networks linking the staff of central banks.
Since the outbreak of the global financial crisis, countries around the world, with the G20 to the fore, have been preparing frameworks that can underpin sustainable and balanced growth. In this context, the role of central banks, in securing financial stability needs to be heightened further to prevent any recurrence of the crisis.