Lessons from last year’s turmoil I would like to begin this afternoon by reviewing some of the central findings of a study issued this month by the Bank for International Settlements dealing with market events in the autumn of last year and then turn to bank supervisory matters.
I wish also to acknowledge the great hospitality the Institute continues to receive from the Governor of the Reserve Bank of Zimbabwe, Dr. Gideon Gono that enables us to convene effectively in Harare. Your presence here today, Honourable Governor, further demonstrates the very commitment you have for the intended success of MEFMI. 2.