I would like to outline some key features of the revised Code: each customer’s mortgage arrears case is unique and must be considered on its own merits. Each borrower’s full circumstances must be assessed based on the information in the Standard Financial Statement (SFS) required under the Mortgage Arrears Resolution Process or MARP which I will outline a little later.
Economic Contribution of the Energy Sector (in percent) •  You would notice from this table that the energy sector now accounts for: about one-third of real GDP; about 37 percent of government revenues; more than four-fifths of total exports receipts, but unfortunately only about 3 percent of total employment  This heavy dependence on the energy sector, carries risks and makes the entire economy vulnerable to a slump in prices (as we know all too well following our experience in the 1980s).