This argues for fostering a financial sector capable of withstanding systemic stresses and still continuing to provide reasonably well-functioning capital intermediation through lending and other activities. The aim is not to avoid all losses or any retrenchment in lending and capital markets. It is to prevent financial markets from freezing up as they did in the latter part of 2008.
Consultation about the upgraded banknotes and fourth decimal coin series that we are introducing here today has also been fruitful and is the culmination of years of engagement with our key partners in the public and private sectors.