If certain sectors are constrained from foreign participation, then Bahamians operating in those sectors would also be constrained in how they 7  A costly option that many countries have taken is to have the central bank issue its own securities to soak up liquidity. However, if done aggressively the institution could incur losses. 7|Page  collateralise access to foreign currency financing.
It is therefore an indispensable part of the policy making apparatus and its technical expertise on these issues should be considered as internal to the formation and implementation of economic policy.