Therefore, to bring about a sustainable balance of payments, we have to do certain things. Either we increase our exports substantially to make up for the increasing imports or we reduce our import bill. We just can’t sit back and expect that the balance of payments will take care of itself.
Fourth, a collaborative approach with other official entities was adopted to buttress the strategy. Investigative agencies were brought on board to examine the available information for evidence of crimes. Other central banks were also roped in to ensure that escape of counterfeiters and perpetrators of illicit funds through those jurisdictions was thwarted.