With regard to the outlook, industrial production is expected to increase moderately – albeit with some fluctuations – reflecting the developments in demand both at home and abroad on which I will elaborate shortly. In this situation, the economy is expected to continue recovering moderately. Looking at domestic demand, private consumption has been resilient, with the employment and income situation improving steadily.
By bringing in Community Development, we brought in a new perspective, one that has an explicit focus on low- and moderate-income communities.