I think that goes directly to the heart of the interconnectedness between private sector development and institutional strengthening. To have a strong and vibrant private sector, or one that is strengthening, is key for social and economic reasons. At the same time, you have to pay attention that those institutions build their own capacity not only to operate, regulate, and service their customers but to create policy that works in the local context.
On June 2nd, 2016. See this statement in context.