Ministers and Governors concurred on the importance of this agenda and agreed that the Study Group should be upgraded to a fully fledged Working Group. As regards financial regulation, today we discussed two documents submitted by the FSB: a report on the COVID-19 support measures and the main issues concerning their future evolution, and the final evaluation report on the effects of too-big-to-fail reforms.
I would like to talk now about the some of the things that our Bank has to focus on carrying out from the second half of this year. If our economy is expected to sustain a trend of robust recovery, we will need to, at the proper time, begin to normalize the current accommodative monetary policy in an orderly manner.