Fourthly, given recent experience relating to the stress and non-performance of infrastructure finance and project finance, questions have been raised about the capacity of other than large banks in the credit appraisal of such large credits.
It is true that because of the decline in the inflation rate we have stopped running after the dollar, but the habit of linking the prices of certain goods and services to the dollar has not yet disappeared. That provides the background for the fact that the balance-of-payments deficit has been part of the American scene for many years.