 My presentation will go quickly through the why the IMF focus on these issues. And I would like to present like a snapshot of the work, the policy and analytical work, and the analytical work has been extensively discussed by my colleagues. I would like mostly to focus on how we operationalize this work at the country level. So this is just briefly what I would like to touch upon. So starting with the focus as my colleagues show with their research, we focus on these issues because they are macro critical. And this is a diagram that is the essence of our work. The inequality, it's really the other coin and goes end in end with growth and stability, macroeconomic stability. And it does through the channels of productivity, location of resources, but also we have seen that reforms that they are with the overall objective to announce growth, they really have important distributional effect that we cannot ignore. And last is that inequality is also through the social cohesion. It's really important because social cohesion, inequality can affect social cohesion and the support for reforms that in turn, as we say, are meant to announce growth. Same for gender. Gender is again, it's the label for participation we see not only as an effect directly on the pool of resources out there, but also bring diversity, right? So it's important for economic diversification that brings economic resilience, in particular in developing countries. And it has a strong link with income inequality is another facet of inequality, gender inequality. So that is also, again, we go back and all links to growth and macroeconomic stability, which is the core of our mandate at the IMF. So in terms of just briefly, these are examples of analytical work. Here is the paper by Jonathan. The first one, the second, look at the nexus between growth and inequality. This is another paper that we did last year with David and others showing that how the macroeconomic policy for growth can really have an important distributional impact and sometimes can be detrimental. So we need really to, from the onset, keep an eye on those and see how reform package can be designed to mitigate this effect or turn it into a win-win situation. Other work done recently in the context of European countries, and here are more on the policy-oriented paper. This is a book on fiscal policy, which is the main tools that authority and policymaker have for distribution, and it goes into the need of spending and taxation. And this is a paper that we did for the background paper for the G20 again. It's an overview of trends and all their facets of inequality and policies to foster inclusive growth. And this is the fiscal monitor of last year, the fall of last year, that focus on tackling equality-looking, in particular, our taxation, progressive taxation and spending also entry into the uniform-based income debate. For gender, again, a number of papers focusing on labour for participation, wage cap, what is barriers to it. And then this is a note that we did recently this summer for the G7, looking at, again, how to pursue economic empowerment of women and the importance for growth. And here is a book that came out recently on gender budget. And this is a project that we have started over the last couple of years. We really focus on gender budgeting. And this is a book that takes stock of the experience in 80 countries and with a focus on, in particular, case studies for 23 countries. And this is work that's been supported also by DFID. So moving to engagement with countries, we engage with countries through surveillance and through program, basically policy advice. And in 2015, the context of the Finances for Development, the fund committed to a number of initiatives. And one area that we committed was to deepen our work in equality and gender and to operationalise it. So the approach that was systematically taken was a pilot project. So we started also to best explore how to add values in these areas to our membership. So since then we have done, we are the third wave of pilots for both gender inequality. We have done about 38 countries on the inequality and 39 on gender. And there are like another four or five to go to complete the inequality and the gender pilots. Now, going forward, the decision was made to broaden the analysis across the membership, depending on the level of the macro-criticality of the issues. And in order to help our teams to really think about it from a macro-economic perspective, this is where we come from, from the macro-economic perspective, how to think about inequality and gender. We have produced these two how-to notes that were really meant for internal purpose for our teams. But we decided to publish them because there was a big demand from outside the world to understand how we think about these issues. And these are notes that help to really have the framework in mind to establish what we call the macro-criticality, how inequality and gender gap can interfere with growth and macro-economic stability, how to address these issues. And at the end, whatever policy we recommend to address inequality and gender, how that fits back into the macro picture. Because all of these recommendations again can have, again, there are all policies that can have important fiscal costs, but also can have macro implications. In these studies, in these notes, there are also what we consider best practice from some countries through the pilots that we have done. And then the tools also that are available inside, produced inside the fund and outside. And how we also relate to other organization and collaboration with other organizations and stakeholders. So from these pilots that cover about almost a third of our membership, we see that the topics really dealt with the issues related to inequality and gender. This is the gender part. The very, varies very much because inequality is really complex issues and depends very much on the development of the country, the macro and social situation, but also on the reforms that authority embarking on and also the interest themselves of the authority. So the study have covered very different issues in this context. And here are a couple of examples. In the case of India, since 2015, the team has analyzed various issues related to gender, in particular in terms of financial inclusion, in terms of education. And this is the angle of sanitation. Sanitation in India, India meets the millennial development goals on sanitation by like 11%. And India is a country that from the last census, only 53% of the households have sanitation at home in the household. And the lack is in particular in the rural areas. And what our team study is how this would also improve the participation, the female participation in the labor force of women. And this because women are the ones that take care mostly of the cooking of the house and the provision of water. So calculation from our teams show that if the provision of sanitation, infrastructure sanitation could reduce by 10% the time spent of women in taking care of the household chores for this would increase their participation, labor force participation by about 1.5%, which could be greatly more than 1% to growth. And in addition, sanitation is also important for safety, for female in India in particular. And that also there is a great relations with keeping girls in school. So very important also for the skill, for the formation of skills. The other work is Bolivia. This is related to inequality. Bolivia is a country that from 2005 to 2014 has experienced great boom in growth. Growth has been about 2% higher than the first five years before that period. And with it also experienced a great drop in inequality. And we are talking about 12 percentage points in the genie over that period. So the team in the 2017 article four, which is our mission, our annual consultation with the country, study other signs with the change of regime in commodity prices because good part of the boom was due to the booming prices of both gas and agriculture. So with the change in regime in commodity prices, what that means for the games that the country have done, is this sustainable? So they disentangle and here is, these are the data in the genie and this is applying a general equilibrium model that we have developed within the fund that we'll talk in a minute. They disentangle the effect of the genie, of the drop in inequality. And what they see that a third it was due directly to the booming commodity prices, in particular in agriculture, not much in gas prices. But the rest was due really to the increase in social transfer and the reduction in unskilled population, which over that period went from 63% to 52%. And those were really supported by the budget that was enjoying the high price in gas because for revenue from gas. So all these gains were now in a different regimes and the discussion with the authority was really focused on how to go forward if prices are not going to recover. And that at the time now we have recovered a bit, but we are not back to those levels. And the last example I want to report is Argentina. And this was a study both looking at policy reform, fiscal reforms, in particular the impact on both the macro, the distributional impact and the impact on labor for participation and gender. And this, again, was done in a general equilibrium framework. And here the team was looking at, in particular for the gender, Argentina has closed the education gap, but there are still major differences in the wage gap, in the labor market wage gap and labor for participation of male and female in the formal sector. So they analyze what policy and look could help both to create incentive for workers to get into the formal sector for both male and female, but also to increase the female participation and reduce the wage gap. And they consider reforms like reducing the tax wedge social security contribution and they look at target the childcare for low income families and how to reduce discrimination in the formal workplace. So the other big work stream that the IMF does, that how we engage with countries is through capacity development. So here we have training and workshop and technical assistance. And here we have, we are very active in all these areas. And for, we have workshop for authorities, but also internally on inclusive growth, financial development and inclusion, distribution analysis of policy reform in particular, for example subsidy reforms. And we also do pre-learning workshop on gender budget. We have just done recently one in Rwanda and one in Mauritius. Technical assistance, we provide technical assistance. Distribution analysis in particular is an integral part of technical assistance on tax policy reform and subsidy reforms. And we also provide technical assistance gender budgeting in the PFM, the public financial management framework of the budget. In terms of tool kits, as I said, we have developed, we have a number of tools, kits that we have developed inside, in house. And I would like to highlight in particular the framework that we have seen in a number of countries like the Bolivia and the Argentina case I've used, which is a framework that we have developed with the support of DFID. And this is a general equilibrium model, a dynamic general equilibrium model with heterogeneous agents. So these are models that are very much customized to each country based on their country-specific macro and micro characteristics. And with this model features different, exactly heterogeneous agents within each sector of the economy. And they have different elements in terms of skills, in terms of land, for example. And the outcome, we can simulate reforms, they impact on both the macro but also distributional implications. And now we have also the gender angle. And we have done tool kits, which is a friendly user-friendly tool kit that is relatively simple to apply, much more than the basic models, which are very heavy and very costly in terms of time. And the model that we have developed is for a country with a large rural sector, basically developing low-income countries. And we are now in the process to develop another tool kit for more developed countries. And the last part is going forward, the plans that we have. Part of the analytical policy we have on the inclusive growth. There will be another paper, a G20 report coming out soon. And we have three papers on gender. One, the one that Jonathan mentioned on gender diversity and growth. Then we have one on gender and technology. They look at the micro level where females are mostly employed, which sector. And considering how technology can affect those sectors, if the implication can have for men and women, for those sectors and for employment. And the last one is a paper on the role of gender and financial stability. And not only a financial access to women, but also women as provider of financial services. And these will come out before Bali, before the annual meeting now. And in terms of operational work, as I said, after the conclusion of the pilots, the decision was made to broaden the analysis to countries that were gender and inequality are considered the level of highly macro critical. And then in terms of the tool kits, I already mentioned that we are developing these new tool kits. And we have also courses now that are only internally on this gender equilibrium framework. And the plan hopefully is to be able to open up to also the strong word. And with this, I will conclude. Thank you.