We continue to define price stability as a year-on-year increase of below 2% in the Harmonised Index of Consumer Prices (HICP) for the euro area. At the same time, we clarified that in the pursuit of price stability the ECB aims to keep inflation rates below, but close to 2% over the medium term.
I also thank all our fellow stakeholders from the Ministry of Education, Ministry of Health, Lautoka City Council, Association of Banks in Fiji, other financial institutions, Department of Energy and renewable energy companies for their participation and warm hospitality. We are proud to be part of the Crest Agriculture Show.