As I said earlier, it is likely that Japan's economy will continue its sustained expansion with a virtuous circle of growth in production, income, and spending in place, and this is the Bank's baseline scenario.
It gives me a great pleasure to welcome all of you to this 49th SEACEN Governors’ Conference/High-Level Seminar and 33rd Meeting of the SEACEN Board of Governors being held in Kathmandu. I am thankful to the SEACEN Governors for trusting us to host this important event after 26 years.