It is a great pleasure for me to be able to speak to you this morning about the role that partnerships between government and business can play in ensuring economic growth and prosperity.
There can be no doubt that a sound partnership between business and government is essential for the promotion of economic growth.
Governments have a core role to play in creating the environment within which businesses can generate growth. Businesses cannot function effectively without the security, legal frameworks, macroeconomic environments and infrastructure that only governments can provide.
On the other hand, experience has taught us that governments themselves are not very good at creating economic growth.
That is the task of the private sector.