In addition to surveys, international organizations have mobilized to develop a range of indicators to assess the different dimensions of financial inclusion. Since the Cannes Summit in 2011, the G20 has focused on developing financial inclusion indicators, including indicators on access to and use of financial services, financial literacy, and the quality of financial service provisioning and consumption, as part of a continuous reflection process integrating new international trends in this field, notably the development of new distribution models and the emergence of digital financial services. The AFI also published a set of basic indicators on access to and use of financial services in 2013 and on quality in 2016 with the aim of harmonizing data among its members by providing them with a common tool to ensure comparability and foster peer learning. Ladies and gentlemen, In Morocco, since 2007 both the Ministry of Finance and Bank AlMaghrib have considered financial inclusion as a major instrument to develop a comprehensive strategy of the financial sector by 2020 which aims to deepen the national banking market, develop capital markets and position our country as a regional financial hub. Through our commitment to the Maya Declaration in 2013, we announced our pledge to promote access to and use of quality financial services based on sound and solid foundations. That same pledge was 4  reaffirmed in 2016 as part of the roadmap of aligning the Moroccan financial sector to sustainable development goals at the COP 22 held last year in Marrakech.
The findings and recommendations of this report, which will be debated at length today, reveal that it is of paramount importance to improve data in a much more concerted and shared framework for a better international coordination. Ladies and gentlemen, Our one-day high-level meeting will cover a number of themes that are challenging to all of us: Is financial inclusion a challenge for national financial stability? How does it affect monetary policy transmission? What measure should central banks take to safeguard the objectives of financial stability and monetary stability while improving access to financial markets? 6  I remain convinced that making this gathering an annual tradition will enable us to provide the most appropriate responses to meet these challenges. I wish full success to this seminar and wish you a pleasant stay in Morocco. 7