We are today at the tail end of the clearing process. And we have had a rich experience in tackling problematic banks and ‘gentlemen’ delinquents – I mean habitual delinquent borrowers making a good, open and public show of piety of monks in monasteries.
This resulted in a wider trade deficit at $ billion and has caused the overall BOP position to reverse to a deficit of $ million in the first nine months of 2021 from a $ billion surplus in the same period last year.