I thank you all for attending this workshop. Ladies and Gentlemen, This workshop is taking place at a critical stage in the integration process of the EAC and monetary and financial statistics play a critical role. This will support the institutions to be formed under the regional integration process.
Although this ratio continues to be inferior to frequent values encountered in the developed world, it does not compare favorably with those of many emerging economies. A second statistic has to do with  4  See the JP Morgan Index of emerging‐market currencies, which includes Brazil, Chile, Mexico, Hungary, South Africa, Turkey, Russia, China, India and Singapore.