As growth slowed in 2008–09, this indicator also moved downwards. It actually went into negative territory for a few months, before turning marginally positive in December 2009.
Madame Lagarde, we thank you for taking the time to continue the dialogue on matters of interest to Caribbean nations – a small but very important segment of the Fund’s membership. I assure you that we highly value this forum. It is indeed a unique opportunity for the Caribbean to have open, frank and sincere dialogue with the leadership of the Fund.