per cent in june 2021 to 81. 9 per cent in march 2023. the honourable minister of finance here present opted to adopt a prudent fiscal stance. 2 / 3 bis - central bankers'speeches given the growing importance of sustainable finance in recent years, a number of initiatives have been taken by both the public and the private sectors in mauritius. a technical team comprising representatives from the ministry of finance, economic planning and development and the bank of mauritius is currently working on the environmental, social and governance framework. in june 2021, the bank of mauritius published a'guide for the issue of sustainable bonds in mauritius ', that lays down the foundation for the issuance of green, blue, social, climate and sustainability bonds in mauritius. in december 2021, the fsc released its'guidelines for the issue of corporate and green bonds in mauritius ". in january 2022, a non - bank financial institution became the first mauritian company to issue green bonds and plans to raise rs3 billion over next five years. in february 2023, the same organisation announced the creation of a new rs9 billion medium - term note programme. significant strides have been made on the global front. during the 3rd g20 finance ministers and central bank governors meeting held in gujrat, india, just one week ago, finance ministers and central bank chiefs opened talks on debt restructuring deals, multilateral bank reform and finance, to tackle climate change. the aim was to steer the global economy towards strong, sustainable, balanced and inclusive growth. for the group of g20, addressing debt vulnerabilities in lower and middle - income countries, in an effective and comprehensive manner, is a priority. accordingly, it has tasked the international financial architecture working group to develop a g20 note on actions to be taken to enhance financing for sustainable development goals, in line with the g20 sustainable finance roadmap, with due consideration to country specificities. as fixed - income markets recover, a more selective approach to bond buying is likely to favour sustainable bonds. there is already a strong demand from investors and rising expectations for governments and organizations to deliver on their esg commitments. i have no doubt that the discussions over the next couple of days will be enriching, with some key take - aways for each of us. climbing the debt - transparency ladder requires sound legal and debt - management practices. a sustainable world means working together to create prosperity for all. ladies and gentlemen, i wish you all well.

raise the repo rate slightly faster. but none of these alternatives is our main scenario at present. in the pipeline : assessment of monetary policy and inquiry into the housing market so much for the forecast and the repo rate decision. before i finish, i would like to mention a couple of things that are in the pipeline. work has now begun on the external assessment of the riksbank during 2005 – 2010, which the committee has commissioned professors charles goodhart and jean - charles rochet to carry out. the professors have already visited the riksbank and will be visiting us again soon. we will of course provide them with every possible assistance. unlike the previous external assessment, which covered the period 1995 – 2005, this assessment covers not only monetary policy but also our work on financial stability. what is of particular interest this time is that the professors will analyse what lessons can be learned from the financial crisis. the assessment will be complete in autumn 2011. an inquiry with a shorter time span is the one concerning risks in the swedish housing market, which was decided at the beginning of this year. in more concrete terms, this involves giving external experts as well as our own employees the task of analysing issues that in different ways illustrate the relationship between the housing market and the riksbank ’ s objective and aims. the inquiry as a whole should be complete at the beginning of next year. however, as a part of this inquiry the riksbank is organising a workshop tomorrow with the title “ housing markets, monetary policy and financial stability ”, where a number of invited international academics will present essays they have written on this topic. we hope that this inquiry will improve our knowledge of a field that is important both to monetary policy and the economy as a whole. i hope that this talk has given you, and in particular the new members of the committee, an insight into how i view the situation in sweden and abroad. i shall now do my best to provide good answers to any questions you may have.