•  Like with the growth indicators, the predominant influence of the energy sector is largely responsible for: the strong fiscal performance (with the central government registering overall fiscal surpluses averaging 1.5 percent of GDP over the past two years; the sizable external current account surpluses which have average a whopping 11 percent of GDP over the past two years; and a doubling of our external reserves position from around $ billion in 2001 to $ billion in 2004.
Lack of transparency in designing and pricing of products and services and selling them to inappropriate customers could expose banks to litigation, reputational risks besides making  BIS central bankers’ speeches  3  them liable for supervisory action. There should be no unreasonable post sale barriers if the customers wish to change product or bank.