US studies have even pointed out that losing control of inflation in the 1970s was a consequence of a misjudgement of the US economy's output potential after the 1973 oil crisis.
Regulators are about to unveil a proposed capital market roadmap. I encourage the industry to actively provide inputs to the sequencing of priority areas in the plan. A vibrant capital market can serve as an alternative source of financing for the industry and powerfully complements bank lending. In closing As I close, let me reiterate the truths I have shared so far.