Overview  I would like to start by looking at recent developments in the global economy. The global economy plunged following the Lehman shock in 2008, but moved subsequently toward recovery. Since mid-2011 however, it has decelerated following the outbreak of the European sovereign debt crisis triggered by the fiscal problem in Greece.
My gratitude goes out above all to the IMF, both for providing the financing and for sharing knowledge and expertise. I also am thankful to the European Union, the European Bank for Reconstruction and Development, the World Bank, the United States Agency for International Development, and central banks from around the globe. Going back to the 2025 Strategy.