We know that people with different income and wealth levels respond differently to interest rate movements, and these responses can change depending on the person’s stage of life. Many financial transactions occur because people have varied risk tolerances. However, most current models assume uniformity among companies and individuals.
Particularly and in support of the Fellows Development Programme, the technical cooperating partners have gone an extra mile by providing expertise that groom the Fellows on gratis terms. Turning to the Fellows who have graduated today, I would like you to sincerely note that MEFMI holds you in very high esteem. As such you need to live to its ideals.