In a recent interview with Guardian Business Reporter Xian Smith, Minister of State for Investments, Khaalis Rolle said it should come as no surprise that the country's debt to GDP ration was now 76.3% and would improve as soon as the government attains a balanced budget.

I'm not sure Minister Rolle is correct.

With a budget deficit of approximately $150 million in the last budget cycle, and projections of a balanced budget, with loans averaging $400 million per annum it's not clear how he makes this assessment.

Seems the country would have to borrow less as well as balance the budget.

How this might be achieved is the $6.7 billion question that I would love to hear the Minister respond to?

On a side note, I see the American's suggesting the budget deficit is the debt as well. That's wrong. It's only part of, or adds to the overall debt with the borrowing necessary to cover the deficit.