BIS central bankers’ speeches  1  commodity prices, especially oil, have displayed. Lastly, capital flows to EMEs have not only declined, but are significantly more volatile with respect to previous years. How important are external conditions for economic growth in EMEs?
In pursuit of this objective, we work in collaboration with the government and other stakeholders, to put in place policy measures to improve access to credit. Current government policies are aimed to support increased access to finance for SMEs.