BIS central bankers’ speeches  5  With this new starting point, we reduced our growth expectations for the first half of 2015 to 1 1/2 per cent. We expect the economy to then rebound in the second half of the year, reaching its full capacity around the end of 2016 – a little later than expected in October.
Having expressed this, the article states, and I quote, “a more viable policy from the point of healthy and egalitarian development was to recommend the banning of gold imports (other than for jewellery exports and for industrial use), and strict enforcement measures against smuggling”.