On monetary tightening

First, we will have to watch the impact of the measures already taken. Second, we will be watching the drivers of demand - in particular which sectors are triggering the growth in demand. Third, in a globalised world, we will also have to be watching developments around the world and make an assessment of their potential impact on our economic management. All I can say is that we will be monitoring the situation closely and continuously.

On financial sector

Financial sector reforms are not an end in themselves. They have meaning and relevance only if they are anchored in real sector objectives. Reforms should promote inclusive growth through efficient and easily accessible financial services. Real sector reforms should be given priority over financial sector reforms.