Moreover, bank financing is necessary to overcome the scarring effect of the Covid-19 pandemic, which will also influence the sustainability of short-term and medium-long-term economic growth. Therefore, synergy and policy coordination are required to mitigate various real sector issues, focusing on priority growth drivers.
While commiserating with him, I said lower input costs must be a boon, because commodity prices have fallen even more sharply than output prices. He grudgingly agreed they had helped. When asked about his profits, he eventually admitted they were at an all-time high. But nevertheless, he said, we need safeguard duties because foreigners are dumping below cost!