Volatility also characterised the flow of MFI loans to the private sector around the turn of the year, with a monthly contraction in the outstanding amount in December followed by a significantly positive flow in January.
Yet this means that, in future, the authorities will need to be even more creative and willing to innovate in order to meet the growing demand to address the public’s needs even when budgets are tight. Even so, it will probably no longer be possible to fulfil some of the public’s wishes.