But in truth we should now be setting goals to release ourselves from the financial and cultural strings of aid. What we need is more trade, not more aid. This is the big challenge for us since it is closely aligned with our successful pursuit of the COMESA Macroeconomic Convergence criteria.
The sub-prime crisis in the United States, which has its origin in protracted low interest rate policy, has shown us how our interest rates setting decisions impact on credit risk – a linkage that has been somehow neglected over recent times.