Since we have more difficulty than advanced economy central banks in forecasting the economy, attempting to carry out this policy is a great challenge to us, and this is another reason why the urgent need to develop our economic forecasting ability is materializing.
I am sure that the morning session provoked many lively debates as the issues considered are of fundamental importance to the future of the Islamic financial industry. As a major centre of Islamic finance, Bahrain wishes to see the industry move from strength to strength. However, this means on occasion being willing to pose some challenging questions for the industry to answer.