• Governor Whiteside and the management team made a presentation to the Committee on 20 September last year on the Bank’s annual reports for 2014 and 2015. • Let me begin by saying that central banks are unique institutions. Each country has only one central bank or monetary authority with similar but distinct monetary policy objectives.
• Honourable Chair, central banks are high impact organisations. Our decisions or indecisions and our actions or inactions have major and far reaching repercussions and consequences on the economic well-being of the public at large and the entire spectrum of businesses in the nation. The responsibility and accountability is immense and central banking is therefore not for the faint of heart.