Thankfully, we can tread water for a while without sacrificing that standard of living. We have been doing so for the last 24 months. We are not yet sure when the storm will end, so that we can start making progress once more. There are signs of a break in the clouds, but it’s too early to be sure.
In the meanwhile, things have been kept stable: we have been able to pay for the things we need to import out of the receipts from tourism, international business, other exports, foreign investment and modest government borrowing from abroad.