The current policy stance of an open trading regime with low tariffs and non-existent non-tariff barriers, a liberal foreign investment environment with no restrictions or prior approvals of any kind, a market-based financial sector working under competitive structure, a dynamic private sector producing goods and services with an enabling public sector providing infrastructure and social services will remain in place.
We will visit the banks to examine very closely how they are handling distressed mortgage holders and to check that they have the appropriate framework and adequate resources in place to look after their distressed customers properly and to meet their statutory requirements under the Code.