Conceived and conducted under Prime Minister Sir Anerood Jugnauth – who actually attended a working meeting with his entire Cabinet − it was delivered under the Prime Ministership of Dr Navin Ramgoolam who gave it a ringing endorsement in an enthusiastic preface, commending the final report to the nation. 10. Vision 2020 has remarkable come to pass.
Thus, in December 2009, we began to gradually phase out some of our extraordinary liquidity measures, taking account of improvements in financial markets. In particular, we scaled back the number, frequency and maturity of longer-term refinancing operations. But we have committed to maintaining fully accommodating liquidity support to the euro area banking system until at least October this year.