However, unless we are able to bring our trade deficit to a manageable level and create an enabling environment to help increase net foreign capital and financial flows, workers’ remittances alone cannot provide sustained support to our reserves position. Under these circumstances, the Government had to approach the IMF again for a medium term loan (i.e.
*  *  Introduction  Ladies and gentlemen Thank you for the invitation to be keynote speaker at your 11th New Year’s Conference. It is a pleasure to be here once again.