However it has been declining a bit in the recent years but it is important that this decline be temporary. [Slide 7] On the policy front, some important steps have been taken to bolster growth. These include e.g.
the competitiveness pact which I mentioned, significant deregulation of trade, and a new transportation code which can open up new possibilities for private companies and strengthen the incentives for infrastructure investments. The government is working on many other areas too, such as improving the functioning of the labour market, education, the conditions for bio-economy and clean-tech sectors as well as digititalization.