Emerging economies will enjoy  BIS central bankers’ speeches  3  sustainable growth in the years to come. Above all, in Europe, the community of nations are willing to face the extraordinary challenges they are confronted with and to build the lasting solutions needed towards greater integration within the Eurozone. Central banks are constantly cooperating in monitoring the situation and acting as they have done recently to provide dollar funding to international banks. This spirit of cohesion is a strong asset. It is deeply rooted in our dual role of preserving monetary and financial stability. BANQUE DE FRANCE is, for its part, strongly committed to overcome this challenge. Thank you. 4  BIS central bankers’ speeches
For a start, we can rightfully boast that as a country we have achieved single digit inflation for the second year in a row and we have had no financial institution failures in the recent past. These successes are the result of monetary and fiscal policies that have changed the economic landscape of Zambia. We have been fortunate that the successes have come at a time when we are seeing renewed economic interest in Zambia. Investments in mining and other sectors have significantly increased, and more importantly, the Eastern Province has not been left out. Ladies and Gentlemen, we have been following the developments in Eastern Province with keen interest; hence our visit to see for ourselves what is going on. I must say that we are impressed with what we have been able to find out. It is clear that income levels have risen in the region and this has been driven by the boom in agriculture. This is an encouraging development. One of our primary concerns as policy makers is to ensure that development is not restricted or concentrated along the line of rail. We therefore urge you to use your enhanced income levels to invest in capital equipment so that your productive bases are sustainable. As a country, we are blessed with land and water resources. However, it is only in the recent past that we are beginning to see the value of what we have through improved agricultural output.