A key focus of today’s discussions is AFI’s progress toward becoming an international, independent organization and the important next steps that we will all be taking together. As is the usual practice, we are having the AGM before the Global Policy Forum (GPF), AFI’s centerpiece event where financial inclusion stakeholders gather.
BIS central bankers’ speeches  5  I’m confident, though, that at some point in the future, the economy will improve and banks will once again have good lending opportunities. Some observers are concerned that once this happens, the banks’ excess reserves will serve as kindling for an inflationary fire. This concern would have been entirely appropriate three years ago.