One must hand it to the present administration for its governance of public finances, on which our economy chiefly depends for its overall healthy performance.

In 2015, our sovereign deficit was just 1.5 per cent of GDP, the lowest for decades; and lower still this year, well-poised on a trajectory of a balanced budget in two or three years’ time on the strength of an accelerated economic growth rate, among the highest in the EU.

No wonder the unprecedented foreign direct investment, with its inevitable attendant new market opportunities for our exports.