On behalf of the Monetary Authority of Macao, I would like to share with you some viewpoints on the theme – “Financial Innovation and the Win-Win Outcome for the Regional Economy.” On this occasion, I would like to thank the elaborate planning and assiduous efforts displayed by the financial academies from nine provinces in organizing this forum and the meticulous arrangement made by the organizers and coorganizers.
More than ever, it is vital to sustain our microentrepreneurs, who provide essential products and services in the “last mile.” Predominant in low-income areas and serving as engines driving local economies, microentrepreneurs also nurture swathes of the Filipino population depending on them for postpandemic recovery and rebuilding. Hence, the BSP is pulling out all the stops to support microentrepreneurs and SMEs.