As we approach Budget Day, which will be on Wednesday, December 12th this year, I would like to report to you that the economic and fiscal house of our beloved Federation is at its all-time best. The prospects for our economy in 2019, and the medium term, are for continued positive above-average economic growth.
This will be the 4th year in a row under our Administration that the Country would have recorded positive growth. The healthy fiscal position of the Government indicates that we have achieved the best ever debt-to-GDP ratio over the past twenty-five (25) years. We have posted a surplus on the recurrent account, a surplus on our overall account, and the primary balance attests to the fiscal and economic.