The current GIR level of $ billion as of endSeptember 2008 covers about six months of imports of goods and payments of services and income and is equivalent to nearly three times the country’s short-term external debt based on residual maturity. Stable banking system Going to the banking sector.
At this point in the process, we aren’t debating which option is best or even necessarily what the best words are, but rather, we are trying to ensure the options span the range of plausible alternatives.