As I discussed at the outset, the current national unemployment rate is 5¼ per cent, and has been in the 5 to 5¼ per cent range for two years now. As I said, this is a very good outcome by international standards.
This credit growth was recorded against the background of continued efforts to resolve NPLs which led to their significant write-off and sale to non-banking sector entities, supporting the investment upswing and the acceleration of economic growth.