These include the accumulation and active management of foreign reserves and a sound and well-matched financial system that buffers turmoil, instead of spreading it. In this regard, the past few months have provided a valuable opportunity to stress-test the current system. And, in this case, the flexibility of our monetary and financial system has proved to be adequate.
This committee is being supported by a Central Bank Secretariat, headed by Mrs. Jennifer Greaves, one of our senior managers, with Mr. Clarry Benn, former Executive Director of the Unit Trust Corporation, as Program Consultant. Let me publicly thank the members of the Management Committee for their enthusiastic support and the solid work to get this programme off the ground.