Although the global information technology industry is not anticipated to rebound forcefully, Singapore is set to gain from generally revived global trade in 2013. Domestic-oriented activities, such as the construction sector, are likely to be major growth drivers, supported by negative real interest rates. Much will depend on restoring confidence in the economy through keeping inflation in check, addressing vulnerabilities in the banking sector and restructuring less efficient State enterprises, as emphasized in the government directive approved in February 2013.