We are fortunate to have invested in the Southern Cross Submarine Cable, which offers more than enough capacity to cater for the growth in the IT related initiatives. Before leaving this issue, I just want to emphasise the important role of fiscal policy in creating the enabling environment for growth and stability.
Fiscal policy has a greater and faster impact on the economy, and the role of Government in promoting sustainable economic development is extremely vital. Government has reduced the fiscal deficit to 3.5 percent of GDP this year and further reduction is planned in the medium term.