The model will serve us in macro assessments but will also contribute to the work of the Financial Stability Committee. In another joint initiative with the IMF, we are working on an international conference on cyber risk in the financial and banking system, with the understanding that looking forward, this is one of the main risks to financial stability.
Given the changes in the global economy, and with eyes to the future, I initiated a strategic process to define the Bank’s goals for the coming years. The entire management has been enlisted in this process, which is being conducted by the Director General of the Bank, Hezi Kalo.