- 1 -  Despite these efforts, however, our country‘s economic growth still fell short of its potential last year. Consumer price inflation also remained considerably below the target.
It is an international organization like no other: •  Its membership is composed of national financial authorities from 24 countries, including G-20 members and other significant financial jurisdictions such as Switzerland and Singapore.5 An important innovation is that it also includes international financial institutions such as the IMF, the World Bank and the Bank for International Settlements, as well as international bodies that set standards for banking, insurance, securities and accounting.6  •  The FSB punches well above its weight by levering the knowledge of its 70 member agencies, which are home to several thousand financial sector experts.