This study was a follow-up to the ‘Soft Landing’ study. In view of the rapid changes in the external environment and the improvement in economic prospects by mid-year, the staff undertook a comprehensive assessment of the state of the economy in order to come up with a set of measures to support the recovery of the economy. The study took into account the many measures that have already been taken by the government and the central bank to strengthen the banking system and support the economy. The recommendations were aimed mainly at easing the credit constraints faced by the corporate and private sector.