By now, the understanding of our strategy has greatly improved, and the recent evaluation and clarification of the strategy has certainly helped to this end. Although the internal value of the euro, that is, its purchasing power for the European citizens, has remained strong, the evolution of its external value has, at times, been the subject of debate.
Ladies and Gentlemen, the final session dealt with establishing the role of central banks in financing infrastructure for industrial development. African countries are plagued by gross infrastructure deficit, and most interventions are largely dependent on annual government budget which can hardly bridge the infrastructure deficit gap. It has been said that infrastructure is a precursor for industrial development.