BIS Review 5/2006  1  •  The first subject I would like to address is that of the government's budget policy, and in this context I would stress the need to boost the reduction in the debt/GDP ratio.
•  The second item is the policy of increasing competition in the banking system, and more generally in the financial markets overall, including the need to reinforce the legal infrastructure required to enable the modernization and streamlining of the markets. •  The third subject is that of social policy.