We do not deny that there are risks and shortcomings associated with the type of policies that we have been forced to adopt in view of our mandate to safeguard price stability in a symmetric way. Very briefly I will refer to several of these: Medium-term inflation risks are very low and central banks have enough instruments to deal with them.
While it is difficult to estimate the exact contribution of the real estate sector to gross domestic product (GDP) as it appears in a disaggregated and dispersed form in the National Accounts Statistics, in view of what is stated above, lot of importance has been placed on the development of real estate in the country by the Government. Finance to real estate 3.