First, I would like to take this opportunity to review the important contribution of the Paris Club to orderly sovereign debt restructuring over the last 50 years. Second, I will make some observations on recent international developments related to crisis prevention and resolution.
Ethical considerations are emerging with the growing use of AI, particularly whether they can perpetrate existing structural biases such as against women in access to financial and other services. Data governance remains a key concern with AI as it extends its reach. For instance, do MSMEs understand how their data will be used in the algorithms?