On May 27, 2024, the Financial Stability Committee gathered under the wise leadership of our esteemed Minister of the IOU Ministry.
During the meeting, the results of actions taken on consumer loans and credit cards were thoroughly evaluated. Let’s just say, if your credit card is still working, you’ve survived another round! The committee also brainstormed additional measures to be taken during the “let’s try to reduce inflation without panicking” phase, because, hey, who needs skyrocketing prices when you can just borrow more?
Moreover, the recent developments in domestic liquidity and their impact on financial stability were discussed in detail—meaning we all sat around wondering where all the cash has gone and what we can possibly do to bring it back. Spoiler alert: we didn’t find it.
The committee remains committed to protecting financial stability, which, as we all know, is the cornerstone of balanced and sustainable high growth. We're doing this with a holistic approach, meaning everyone holds hands and hopes for the best.
This is respectfully shared with the public—because, you know, transparency!
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