 Welcome to the Fiji Symposium in Cairo, Egypt, where I'm very pleased to be joining the studio today. I'm Mr. João Cadete de Matos, who is the chairman of Anacom in Portugal. Mr. de Matos, thank you very much indeed for joining us in the studio today. Thank you to be here also. It was a pleasure to meet the colleagues from Central Banks and from the telecom who later... Now, I'd like to start off by talking a little bit about a question that I've been asking everybody who's been sitting here pretty much. What will it take for the world's poorest people to prefer digital financial services over cash? And do you think that digital financial services will be enough for this to happen? I believe that people that today are experimenting difficulties to access to credit or to use payment instruments that are really important to develop their lives. One of the restrictions is the difficulties to access to a bank, to open a bank account or to do any kind of transaction using cash. Not using cash, but using the alternative instruments, namely cards and bank accounts and so on. And the main reason for that is the level of income that is very low or the fact that they are living in isolated areas without banks, without these kind of solutions. So what the digital transformation is bringing to these people, is offering to these people is the opportunity to have easy access to these kind of instruments, financial instruments, financial service. And this is possible because it's more easy to develop internet worldwide than to develop a branch of a bank in all the village, small village, all remote areas. Now I wanted to ask you in terms of regulation and subjects I know you're very familiar with what innovations do you think are required in regulatory collaboration to create an environment for digital financial services? I think that the first priority is that it is needed that the central banks and telecom regulators start working together on this issue. Because traditionally the central banks are paying attention to the financial inclusion and the telecom regulators are developing the digital inclusion. So today what we see is that we can benefit from the financial digital inclusion, so combining the features and the benefits from both types of innovations, so financial innovation and digital innovation. So this requires that these two bodies, these two types of institutions start collaborating closely, defining a common strategy and defining a set of instruments, a set of initiatives that can develop these kind of solutions. And what role do you think governments can play to enhance usage of digital financial services at the national level? I think that the government schools also support this kind of initiative, namely developing digital programs. I can give you the example in Portugal where the Portuguese government developed a very interesting and complete program of digitalization of all the aspects of the government. So the e-government is a good help for this transformation. Finally, you're taking the time to be here. I just wanted to find out why is this event important to you in your calendar? I consider it really important because I remember when I discussed this matter with the Secretary General of ITU, the relevance to work together the central bank community and the telecommunications community. So I really appreciate this opportunity to be here with ITU, with the World Bank and the BIS working together because this is crucial for the development of our society. Well, thank you very much for joining us in the studio and we look forward to catching up with you again soon. Thank you very much. Thank you.