We are looking forward to learn from the experience of this laudable initiative. I commend other banks to attempt some pilot projects, as considered appropriate by them, to explore the potential for beneficial use of credit counselling. Thanking you. 4  BIS Review 82/2006
The framework does not envisage the policy setting being maintained until something goes wrong. Now some may object that all this smacks of fine tuning. I agree that we should not delude ourselves that the economy can be precisely controlled so that inflation stays within or close to the band, even when there are no external shocks.