00:00 Of course, any policy actions that we make, especially those affecting a big part of the
00:08 economy, would have to take into account the broader picture and particularly the broader
00:14 objective of ensuring that we will keep the momentum of growth going.
00:23 We will continue the progress that we have made in recent months in slowing down inflation,
00:30 that we do not also slow down the progress that we are making in the labour market.
00:38 As you have seen, the labour market has been showing us lower and lower unemployment and
00:46 under-employment rates, and we want to continue those, as well as, and perhaps more importantly,
00:57 improving the quality of employment.
01:01 Those considerations have to be taken into account in approving requests or appeals for
01:12 things like higher transport fare, but ultimately it will also depend on the evaluation of the
01:23 concerned agencies, the implementing agencies.
01:25 Thank you.
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