The high energy costs could lead to a decline in industrial production, in particular, especially in energy-intensive sectors such as the chemicals industry. The recent downbeat production plans and export expectations in industry are consistent with that view. Households, too, are likely to lean towards tightening their purse strings in the coming months.
In conclusion, the Central Bank, as a stakeholder will continue to complement efforts by banks to improve service delivery systems for the betterment of all stakeholders especially the less privileged rural masses who struggle to access banking facilities as most banks concentrate in the urban areas. Our Guest of Honour Distinguished Invited Guests Ladies and Gentlemen. I thank you all for your attention.