Our optimism is also based on the results achieved thus far, including monetary and macroeconomic stability, robust fiscal adjustment, reduced external imbalances, improved business and investment environment… These results were also recognized by international institutions – the International Monetary Fund, World Bank, European Commission, European Bank for Reconstruction and Development, rating agencies and other globally renowned institutions.
In contrast to them, some local critics ascribe the good results to a „fortunate“ set of circumstances and measures taken by other central banks. Because of this I want to underline today that we have achieved the said results relying solely on our own capacities, even though we were faced with numerous challenges coming from the international environment.