•  The second is prudent borrowing and respect for loan contracts with serious commitment to honouring debt obligations whether corporate or household borrower. •  The third is effective prudential supervision of the financial system within the framework of predictable transparent regulations and laws that are enforced evenhandedly.
We are very well aware that price pressures are likely to remain subdued for a prolonged period of time but we expect inflation rates to converge again towards 2 per cent as the cyclical upswing of the economy takes hold.