Against the background of significant accumulation of inventories reflecting weak final demand, industrial production has continued to decline. Consequently, negative impacts on corporate profits as well as on employment and income conditions have been intensifying, and are leading to a further deterioration of domestic demand.
Secondly, limits on WMA will be fixed and any excess withdrawal by the Government beyond the limit will become permissible for no more than 10 consecutive working days. Thirdly, WMA will be charged at a market related interest rate. The transition period 12.