It has been almost three years since I led the delegation of the Macao financial sector for the visit to Maputo in July 2007. I am very pleased to be in Maputo again. First of all, may I wish Banco de Moçambique happy birthday and many happy returns. 2)  At this moment, it is generally believed that the financial tsunami is behind us.
There may be hiccups, but a double dip appears not quite likely, according to recent performance of major financial markets around the world. It however appears that the recent volatility provoked by sovereign risks will be around for some time.