It means that for us to stop net asset purchases, we have to be sure that the financial conditions resulting from that announcement will not compromise the adjustment path of inflation. This path is by itself conditional on easy financial conditions. And financial conditions are the result of three instruments: net purchases, re-investments and our forward guidance on the short-term policy rates.
Thrift banks, however, must not just lend more in terms of nominal amounts. The challenge to the industry really is to ensure that such lending continuously creates further opportunities. In this way, MSMEs can be assured of viability, regardless of mandated credit programs. Final thoughts Friends, you want this convention to be a discussion on broadening your horizon, our horizon.