##litation. to increase the profitability of our foreign exchange earning sectors we must improve the productivity of labour and the efficiency of capital, make our products and services superior in every market category, enrich our products ( sports, heritage and cultural tourism, for example ), do targeted marketing and develop new markets. it is critical that we improve service quality and set our standards at the very highest level. there are many success stories in each of these areas and we should always keep them in mind. we should celebrate these achievements, and use them as inspiration for what still needs to be done. bis central bankers ’ speeches the fiscal adjustment : the fiscal adjustment is designed to stabilize the economy by matching foreign exchange outflows to inflows, and to slow and eventually eliminate the drain on foreign exchange over the next several months. reserves are held for the purpose of financing imports in the interim, while the measures take effect. we expect reserves to fall during that period, but we expect that once inflows and outflows are brought into balance, our foreign exchange reserves will return to levels that have been sustained since 2008. barbados has no problem in servicing government debt. service costs on the external debt are less than 10 % for the foreseeable future, and the net public sector ratio to gdp is a moderate 62 %. barbadians have every reason to be confident of our future : barbadians have bested the caribbean through strength of character, sound decisionmaking, and investing in ourselves. the quality of our lives reflects our achievement. we have beaten the odds before, and we can do it again ; experience has taught us that it is not as difficult as it seems, once you buckle down to the task. patience, persistence, determination and commitment to excellence will win the day. there is something that each and every barbadian can contribute to growth : for entrepreneurs it is the development and promotion of projects to prospective foreign investment partners ; for government it is the upgrade of business facilitation ; and for workers, the improvement of productivity and the development of the barbadian reputation for excellence. finally, the narrative matters. we must together build our self - confidence, by celebrating our successes, to give us energy for tackling the challenges ahead. bis central bankers ’ speeches

it means using our skills and talents to make a positive difference in the world. to stay true to this value, it's essential to practice empathy and understanding. try to put yourself in other people's shoes and consider their perspectives. volunteer your time and resources to help those in need, and be a positive influence on those around you. remember that small acts of kindness can have a big impact on someone's life. how can we practise compassion in our daily lives? one way is to cultivate a growth mindset. instead of judging others or labelling them, try to see them as individuals with unique experiences and challenges. by approaching others with an open mind and heart, we can build empathy and understanding and make a positive impact on the world around us. 2 / 3 bis - central bankers'speeches building community lastly, this school has taught us the value of community. former south african president nelson mandela said, " no one is born hating another person because of the colour of his skin, or his background, or his religion. people must learn to hate, and if they can learn to hate, they can be taught to love, for love comes more naturally to the human heart than its opposite. " building community means reaching out to those around us, regardless of their background or beliefs. it means finding common ground and working towards a common goal. to stay true to this value, it's essential to stay connected with others and build strong relationships. find ways to support and encourage your peers, whether it's offering help, attending events, or simply being present. join clubs or organisations that align with your interests and passions, and get involved in community service projects that make a difference in the lives of others. building community also means being open to diverse perspectives and ideas. don't be afraid to engage in civil discourse with those who hold different views than your own. seek to understand their perspectives and find common ground where you can. by building bridges and connections with those around us, we can create a more inclusive and harmonious society. so, how can we stay connected to our community and build strong relationships? one way is to be present and engaged. attend events and activities, and participate in group discussions or projects. listen actively and ask questions, and be willing to share your own experiences and perspectives. another way to build community is to be vulnerable and authentic. don't be afraid to share your struggles and challenges with others, as it can help