Generally speaking, a distinction can be made between policy responses that were agreed upon globally and those where national discretion was exercised. Macroprudential policy has been established as an important new policy field after the crisis, and key responsibilities lie at the national level.
•  We see credit continuing to go to the productive sectors of the economy, particularly to sectors with strong forward linkages to other sectors  •  We see improvement in the country’s potential output with increased production efficiency.