Not only have we identified, quantified and developed various models in risk management but we have also nurtured the aspect of risk management in a number of institutions all over the world. So I don’t see it as being an impossible task for economies. There are complications in its implementation where there are inherent weaknesses of different types.
The Board has been brief on this. In brief: •  Domestic Economic Conditions: Economic activity continued to improve in 2004, led by the export sector with higher production and prices of most mineral and non-mineral commodities, and increased employment. •  Inflation: The annual inflation rate continues to trend downwards in the March quarter of 2005, to negative 1.2 percent.