BIS central bankers’ speeches  3  Ms. Sucheta Dalal’s brief to me said that I should set the tone for the Workshop and that is what I have attempted. This is an excellent forum for users of RTI and the providers of information to interact with each other without acrimony and try to understand and appreciate each other’s points of view.
It was a fiscal framework that was absolutely necessary for a monetary union that had neither a federal government nor a federal budget.