“[…] Please do not incur excessive debt to fulfil campaign promises or popular votes. Continuous deficit financing and public debt that balloons uncontrollably will undermine investor/lender confidence, reduce cash flow and impact generational wealth. Everybody must win. “[…] Madame Prime Minister 2.0, it is clear that if T&T achieves its …
Read More »Thompson sees seventh heaven despite deficit, imminent Property Tax and RATT
The budget presented by the Honourable Colm Imbert, minister of finance in the current PNM administration, is his seventh such offering. Not for the first time, he has offered the country a deficit budget, to the tune of $TT9.096 billion, resulting from expenditure in the sum of $TT52.429b and revenue …
Read More »Noble: Don’t forget how we got in this financial mess; and here’s how to improve our economy
“Thank God for decisions made to stimulate drilling […] by the Kamla Persad- Bissessar government… Instead of benefitting from flowing gas today, we might well have been on our knees, eating grass.” (Dr Bhoe Tewarie, Trinidad Express, 13 March.) An astounding statement with subtexts! What exactly is he saying and …
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