spanish ministry of economic affairs ; one is a member of the multidisciplinary group that advises the ministry of science and innovation ; another is a member of the advisory board of the spanish independent agency for fiscal responsibility, and another is chair of the scientific committee of the spanish state research agency. all in all, and from the perspective of the banco de espana, cemfi is indeed very good value for money. finally, i would like to take this opportunity to congratulate monica martinez - bravo for the recent award of the banco sabadell prize for economic research, given to a spanish researcher under the age of 40 for outstanding contributions to economics and social sciences. congratulations, monica! to conclude, let me address the students of the class of 2021. you are now entering a very exciting period of your lives. regardless of whether you have decided to pursue your studies in economics or start a professional career, i am sure that the knowledge and habits you have acquired in the past two years will prove to be extremely helpful in your endeavours. i wish you every success in your careers. thank you very much. 2 / 2 bis central bankers'speeches

caleb m fundanga : improving school infrastructure in zambia remarks by mr caleb m fundanga, governor of the bank of zambia, at the handover ceremony of computers to mumbwa high school, mumbwa, 4 february 2010. * * * the board chairperson, mr gracious hamatala board members present the pta chairperson, mr mwila kabange the headmaster, mr kizito kalonga distinguished teachers students members of the press ladies and gentlemen it is an honour and privilege for me to be with you today as the bank of zambia makes this humble donation of 5 computers to mumbwa high school. i am also glad because in some small way we are making a contribution towards ensuring a brighter future for the students. chairpersons, i am informed about the numerous challenges and difficulties, the school continues to face in its quest to produce high quality education to students. for instance, i am aware that there is a critical low level of books compared to the population of students in the school. further, having been established 40 years ago, the schoola€™s infrastructure urgently needs to be rehabilitated. the refurbishment of infrastructure is not an easy task but in the able leadership of the board chairperson, i have no doubt that a solution will be found in good time. as we grapple with the ways and means of improving the school infrastructure, let me reiterate that the school need to maintain and protect the little infrastructure available. it is of paramount importance that the school put in place measures to avert rampant vandalism. ladies and gentlemen, let me also mention here that the challenges i have just outlined are not only common to mumbwa high school, but are experienced in many government schools. we also realize that the government has limited resources and cannot attend to the problems of every school in the country at one time. it is for this reason that the bank of zambia has continued to donate used computers to several schools around the country. in 2009, the bank donated a total of 60 computers to various schools including mumbwa high school, david kaunda technical high school, information and communications technology ladders, and st francis of assisi in lusaka. we are hoping that through these donations the beneficiary schools will sustain and improve the academic performance while bridging the digital divide. further, a number of schools including our own mumbwa high school do not have internet access to enable teachers carry out their research activities. in order to