For this to materialize we need to have substantive improvements in the physical infrastructure and efficient low cost utilities. The Government is in the process of privatizing the utilities, and investing in infrastructure. This will strengthen the role of the private sector to be the engine that drives investment and economic growth.
To my mind, such conflicts are pertinent and should not be ignored. Hence it is essential that the SSM and all reporting lines for supervisory functions to the  2  BIS central bankers’ speeches  Governing Council are clearly separated from other ECB tasks. The Governing Council’s commitment to deliver on its primary mandate must not be put in doubt.