Ladies and gentlemen, on account of prudent macroeconomic management, the Ugandan economy has remained resilient on the whole in the face of the global financial crisis, which later culminated into a global economic recession.
In this capacity we can help guide financial institutions to identify, recognise and mitigate risks, and - should risks materialise - prevent them from having serious consequences. To give a few examples: we have developed a climate stress testing framework for transition risks, which we will expand this year to include a focus on physical risks.