Our National Retail Payment System (NRPS) framework is aimed at establishing a safe, affordable, reliable, and efficient retail payment system in country. To encourage the adoption of digital payments, we established PESONet and InstaPay. PESONet is a electronic funds transfer scheme and InstaPay, on the other hand, is a and realtime, low-value push payment schemes.
In particular, our analysis of loan developments, and particularly developments in loans to the private sector, looks at the impact of our monetary policy on the financial sector, as well as the role of these developments in our assessment of risks to price stability. However, the lesson we can take away from the crisis is that this analysis of monetary counterparts, i.e.