We need to appreciate these numbers not just because they are better than the performance numbers that came out of 2011 (which were 3.6% real GDP growth and 4.6% inflation rate). Instead, these are excellent numbers because of the calamities that befell us during the period.1 On the external front, the balance of payments position was at USD5.1 billion for 2013.
At the same time, they also pointed out the build-up of risks in the financial and economic system. The second session examined blockchain technology. The panel laid out key factors to facilitate a sound expansion of decentralized financial ecosystems. Ongoing financial innovation is anticipated to further impact the financial and economic system.