Looking forward, we need to find a sustainable way in which to finance our infrastructure needs. Regardless of whether it is the private or public sector that does the financing, it is likely to be easier if we have mechanisms that generate a flow of revenue from the infrastructure. One obvious option is user charging that promotes the public good.
Monetary policy should, by its very nature, be monitored over a long period of time. In addition, I believe it is not appropriate for the Bank, which is in charge of monetary policy management, to give its own assessment casually.