I believe the initiatives will also promote the internationalization of the yen, which has long been on the policy agenda but with limited results thus far. At the same time, I know that our efforts have to extend beyond national borders if we are to upgrade the financial and payment infrastructure in the entire Asia Pacific region.
In fact, the pandemic contingency transformed our institutions into even more resilient organizations, capable of coping with adverse scenarios, by developing prevention, response, adaptation, recovery, and learning mechanisms. The degree of commitment and responsibility that we have with our institutions, which is a fundamental pillar of financial stability in our countries, was truly brought out during this emergency.