Fourthly, the publication of key information through the various reports, media briefs and releases has been stepped up. As I have already noted, effective communication with the public is essential to our work in managing the macroeconomy and regulating the financial system. But effective communication requires a partnership with the media.
I think it goes without saying that, in the long run, a more open relationship between the Bank and the media, involving regular press briefings, interviews, press conferences, etc, will be more conducive to the Bank being able to communicate effectively with the public.