The positive outcomes in the primary and secondary sectors (mainly forestry and fisheries) and (construction and manufacturing) also contributed to this growth. Performance in all key export commodities, with the exception of copra, were positive. Round logs grew by 3 percent to 2.7 million cubic metres last year, the highest level of production on record. Labour conditions expanded during the year.
As well as group entities and major counterparties of global financial institutions, the LEI should also be adopted by CCPs’ clearing members to support the timely analysis of risk exposures and interdependencies. The FSB, working with other standard setters and the industry, will also promote the inclusion of LEI in payment messages. It will also consider the benefits of the LEI in cross-border payments.