The Economic Outlook and the Price Stability Target of 2 Percent I mentioned earlier that the economy currently may be weak, and the same can be said about prices. Even so, if the economy continues to recover, the labor market will tighten and prices eventually will rise. There are some hurdles to overcome in achieving stable price rises, however.
We responded by excluding a partially convertible debenture from the list of securities that can be issues against FDI and to be treated as a debt. I am afraid the game is not yet over because the vice of treating a partially convertible debenture as debt is that someday, when appropriate incentives are there, it can be used to camouflage an equity investment. 17.