Minister Maynard-Gibson opened the 2003 Bahamas Institute of Financial Services Week, on Monday, presenting a review of her Ministry's Strategic Plan. She pointed out the critical importance of the Week's theme, "Respositioning Financial Services."
During the collaboration with industry on the development of the strategy, it was recognised jointly that The Bahamas must "enhance the economy by repositioning and expanding financial services". In re-claiming the competitive advantage in this area it was recognised, too, that the integrity of the sector could not be compromised.
"In the Strategic Plan, we agreed that we would promote The Bahamas as a 'Blue Chip, Well Regulated and Cooperative' Financial Centre."