Suppressed markets in one location would be rapidly displaced by others outside the reach of government controls and taxes. Of greater importance, risk taking, so indispensable to the creation of wealth, would undoubtedly be curbed, to the detriment of rising living standards. We cannot turn back the clock on technology -- and we should not try to do so.
So, I am delighted to be proceeding this morning with the first disbursement under the Special Line of Credit in Foreign Currency to an economic operator in the tourism sector, Mr Shakeel Nundlall, who is here with us today and who, I am sure, will open the way for other economic operators to go and convert their stock of debt into foreign currency.