The menu of investment options available to them includes Government securities – the least risky option, investment in real estate (including mortgages), and investment in the production of goods and services – the most risky option.
In my view, the most important financial challenge Barbados faces is to ensure the continued growth of these funds, and that a larger proportion of these long term funds is directed towards increasing the country’s capacity to produce goods and services. I will return to this issue as I conclude my address.