There has to be a more close and coordinated management of fiscal policy and monetary policy to fight inflation so that it does not spiral out of control in this period of high economic growth. Thank you for having invited me to make this presentation at this important forum. I wish you all success in this forum. Thank you and God bless.
2/4  BIS central bankers' speeches  These steady inflows of foreign exchange helped raise gross international reserves (GIR) to an all-time high of $ billion in September 2019, providing ample external liquidity buffer. At this level, the GIR can cover up to 7.5 months’ worth of imports of goods and payments of services and primary income.