There has been much more spending on inclusion and social protection. 6. Going forward, there are challenges – some old, some new. The ongoing challenges are: (i) providing world-class infrastructure for a rapidly-growing economy, particularly in telecom and power sectors, and (ii) macroeconomic management involving fiscal reform and monetary policy in an open economy context. 7.
*  *  Introduction Honourable Ministers, distinguished guests, fellow participants, ladies and gentlemen, let me begin by thanking the organisers of this workshop for having invited me to participate.