The reduction of Bank of Botswana Certificates issuance is intended to encourage banks to actively seek and finance bankable projects that would contribute towards economic diversification; it would undoubtedly also contribute to their bottom lines. Distinguished Guests: It follows that the outlook for domestic inflation is predicated on expectations of slower global output growth.
The operational tasks have mostly lain within the Bundesbank’s remit, while BaFin is responsible for all sovereign measures. As you probably know, the new coalition of Christian Democrats and Liberals recently decided to entrust the Bundesbank with banking supervision. Incidentally, giving central banks more responsibility for banking supervision is currently being debated in other countries, too.