4  BIS central bankers’ speeches  (22 percent of GDP) by March 2006. The scale of monetary accommodation contrasted with that in the United States and the euro area at that time (Chart 6).
LAUNCH OF THE ABSA AFRICA FINANCIAL MARKETS INDEX Keynote Address by Moses D Pelaelo Governor, Bank of Botswana November 9, 2018  I am delighted to be able to join you this morning to mark the official launch in Botswana of the ABSA Africa Financial Markets Index.