These figures were all announced11 on September 30, 2010, just after the expiry of the 2008 guarantee, an event which had been preceded by substantial maturities of bank paper and non-renewal of deposits, giving rise to a surge in the need for ELA funding from the Central Bank of Ireland.
In sum, the Barbados economy is on the right path. We know from experience that sustainable growth is not an overnight phenomenon. Growth may be slow in coming, but when it arrives it will persist, because it will be soundly based on the things we do best.