Together, our 2008 and 2009 reports were major inputs into the Declarations by Leaders at the Washington and London summits on an action plan to strengthen the financial system. We have since been asked to oversee, drive forward and co-ordinate implementation of the action plan, and strengthen it where needed. The key message is straightforward: we need major changes.
The two sessions immediately after lunch speak to issues and policies which are currently occupying the attention of local policymakers. As some of you are aware, the Government of Barbados is committed to the removal of capital controls on transactions with members of the Caricom Single Market and Economy from December 31, 2007.