Regarding the effects brought about by powerful monetary easing, its relation to financial institutions' profits and the functioning of financial intermediation is often discussed.
I urge the Technical Committee to move with speed and develop proposals for discussion in subsequent Forum meetings. Finally, I would like, at this juncture, to share some reflections on the East African Community (EAC) Monetary Affairs Committee (MAC) of Central Bank Governors, with regard to the implementation of the East African Monetary Union (EAMU) Protocol.