In this situation, it warrants attention that the underlying trend in international fund flows could change if the recent global convergence in income level and current account balance turn to divergence once again.
In this regard, I believe that measures to mitigate such risk, including the extension of the Debt Service Suspension Initiative (DSSI) for developing economies, which was agreed upon at the recent G20 meeting, will become increasingly important in the future. C. Price Developments 1. Current situation Next, I will turn to price developments in Japan.