The current prospects are for a continued decline in oil production (until there are new finds) and except for planned Melamine plant (the AUM), no significant increase in downstream capacity is envisaged over the next few years, this would imply that energy sector growth would revert to lower, more sustainable levels leaving the non-energy sector to carry more of the medium-term growth burden.
This is in addition to intervention in the foreign exchange market, which included a component offsetting the negative effects of pressure on the exchange rate derived from natural gas production, and intervention in order to prevent too sharp a deviation from the exchange rate derived from the basic economic forces.