to adapt the programme to further strengthen quality assurance, respond to the challenges, and safeguard against any “ mis - education ” of consumers. i urge members to continue using the website and trainers manual as the primary source of information in their training. it is important that our starting point in educating consumers is the same. when in doubt, please always refer to the financial literacy strategy that was launched in august 2013 by the honorable minister of finance, planning and economic development ( mofped ). on our part, we reiterate our commitment both in terms of financial and human resources to further bolster the financial and economic education agenda in uganda. we are also working closely with the requisite ministries, departments and agencies of government to ensure that the diversity and quality of institutions providing financial services expands, and that they are well regulated. to that end, i trust that once the amendments to the financial institutions act and the regulations for the tier - four institutions that are being considered are passed into law, we shall have more ugandans served and probably more efficiently. as i conclude my remarks, i once again thank the members present here today for the tremendous work thus far. however, we must not rest on our laurels as a lot remains to be done. i thank you all and wish you good deliberations in the meeting. it is now my pleasure to declare the financial literacy information sharing group ( flisg ) meeting open. bank of uganda statistics department. bis central bankers ’ speeches

long - term it is necessary to maintain the rate of growth in debt at no more than that in income. the payment and settlement environment is changing greatly now, as technologies such as big data, artificial intelligence and biometric authentication come to be adopted in the financial industry. 3 / 5 in these circumstances the bank of korea must devote special efforts to advancing the payment and settlement systems and heightening their safety. the work of constructing the next generation bok - wire, in order among other things to enhance financial institutions ’ convenience in making funds transfers, will have to be carried out with insights peering ahead 20 or 30 years into the future. we will in addition have to work harder to strengthen the resilience of the bok - wire businesses against cyber risks and natural disasters as well. fathoming the depth and the breadth of the changes taking place in the financial sphere due to the recent digital innovations is not easy. research on ways of applying distributed ledger technology to payment and settlement has been increasing rapidly, led by central banks in major countries and commercial banks. there is a possibility that cryptocurrency transactions, which are showing signs of overheating around the world, will work as risks to financial stability, and we will therefore also have to continue considering measures for dealing with those risks. we should also keep participating actively in the related discussions in international society and with the domestic ministries and institutions concerned, while steadily carrying out studies of the effects of digital innovation on financial stability and monetary policy, and of the possibility of digital currency issuance by the central bank. dear fellow members of the bank of korea! efforts are currently proliferating to eradicate corruption throughout our society as a whole, and to make it an upright one. we are confident that we have always put an emphasis on principles and fairness, and managed ourselves strictly, but a look at it from the lofty standpoint of the public, which is demanding high levels of morality and transparency of the central bank, may find there to be some areas in which we have fallen short. and therefore, in carrying out our duties, we will have to check again one more time to see whether there might not be practices that we engage in that can be judged as unreasonable, and if so make bold efforts to correct them. our policy conditions and our business environment are changing incessantly. in this situation, if our ways of thinking and patterns of behavior remain stuck in the past we will face difficulties in fulfilling all of the duties entrusted