Ms Cathy Herbert:

I think it hurried us into the bailout programme. I think that certain institutions had an interest in us being hurried into a bailout programme but there was the possibility that we might have avoided it give ... if market reaction to our budget or to the four-year plan might have resulted in, you know ... it was always to be hoped that it could have helped our situation. If the market were to regain confidence, then there was the possibility that it might have been avoided.