6  Eichengreen, Barry and Gupta, Poonam (2014), “Tapering talk: the impact of expectations of reduced Federal Reserve security purchases on emerging markets,” Policy Research Working Paper Series 6754, World Bank. Aizenman, Joshua; Mahir Binici and Michael M. Hutchison (2014), “The Transmission of Federal Reserve Tapering News to Emerging Financial Markets”, NBER Working Paper No. 19980, March.
Many of these have been identified in the National Development Plan and form part of Government’s infrastructure investment plans and other measures, such as those directed at enhancing education and skills, and supporting small and medium enterprises. Let me touch on some of the risks we see to the inflation outlook.