I acknowledge and fully appreciate, in this respect, that the effort by the International Monetary Fund to lead the integration of Fintech into the global development and policy agenda provides for a useful, knowledgeable and accessible partner to support the domestication of this agenda.
Having said that, I take it you will agree with me that, while policy and regulation can guide and safeguard, at the end of the day, the more impactful and beneficial aspect of Fintech should be on private business activity and associated adoption by customers, such that there are clear benefits in terms of productivity social and welfare enhancement.