The presentations and discussion will focus on three main themes: (1) the principles and practical experience in the coordination of monetary and fiscal policies; (2) fiscal policy implementation in the EU institutional framework and implications for monetary policy; and (3) conducting monetary policy when fiscal space is limited. I will now briefly touch on these themes in general terms.
Ladies and gentlemen, before I talk to you about the challenges of leadership let me take this opportunity to put into context the economic and financial environment in Fiji.