We have to put reserves and buffers back into the system; they are the protection against serious damage in a downturn, and they are an integral part of sound finance. Such a large-scale reassessment is a matter for the medium term.
The external sector remains a pillar of strength for the economy given the recorded surpluses in the balance of payments (BOP), along with a lower current account deficit in the first three quarters of 2019. The BOP position made a turnaround—from a deficit of $ 2.3 billion in 2018, to a surplus of $ billion in 2019.