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for the year, and we are seeing power cuts causing slumps and the market, are you seeing a drag down in growth ahead? it depends on your expectations for the entire year. certainly, there is enough tolerance. at there is enough tolerance. at the moment that a zero tolerance for high risk sectors, particularly in the property sector but incredibly, in terms of the tolerance for reckless investment and leverage is certainly evidence to suggest policymakers won t act too quickly to support the economy. and of course let s not forget that policy support for the real economy small and medium enterprises those really weak sectors remain in place. given that the labour market is relatively strong, i do expect the continued policy to try and the risk of the