That being said, we expect the current account deficit to continue shrinking below 3,0%. Indeed, latest trade figure already pointed to an upbeat-sign as shown by the surplus of trade balance in February and March 2014. 27. Inflation will remain under control and within its target corridor of 4.5%±1% in 2014.
With many uncertainties ahead, it is wise to keep the inflation rate low to ensure that the economy remains competitive and to minimize pockets of instability, whether through excessive growth of bank credits or asset price bubbles. Closing Distinguished guests, Ladies and Gentlemen 28.