The risk of a further rise in the oil price is a constant concern, and there is some substance to these apprehensions, but I will say no more on the subject at present as Mr Stevens has already delivered a piece covering it a couple of days ago.
The key messages we would like to share with you on the economy are:  •  Barbados is among the most competitive economies in the Caribbean and Central America, as reported in the Global Competitiveness Index 2014–15;  •  Barbados has good economic fundamentals, an appropriate growth and adjustment strategy for our circumstances, and a resilient framework for decision-making;  •  Barbados’ growth is fuelled by the foreign exchange sectors in which the country is internationally competitive.