Tag Archives: Heritage and Stabilisation Fund

“[…] No, no—WASA should not and cannot be privatised! There are some entities which are what you call in economics, natural monopolies. For an economy like Trinidad and Tobago, the production of water is a natural monopoly and the state should do it. “[…] We are going to give WASA …

“[…] Non-energy revenues have fallen in 2020-2021 and for next fiscal, 2021-2022, it is going to be worse—partly because people pay taxes on the previous year’s numbers and partly because the recovery is going to be slower than expected because of the state of emergency and the impact of the …

“We are made wise not by the recollection of our past, but by our responsibility for our future.” — George Bernard Shaw. To accept the virus-induced lockdown was, for the most part, a no-brainer. To exit is not. Indeed, the public comments of the major business organisations show us more …

Over the weekend of 15 March 2020, the Minister of Labour pronounced on the need to implement Pandemic Leave in light of the Covid-19 pandemic. To date, approximately one month later, we are yet to see what is the policy for Pandemic Leave, which has become more relevant now than …

“So we can assume that the restrictions now in place worldwide will only be lifted gradually over the next 12 months. Some semblance of normalcy will not return until the middle of 2021. “There is no way that the private sector and the government can carry the labour force for …

“[…] Ultimately policy is made by politicians who of course, may have other considerations which influence their decisions. However, just as it would be folly for politicians to ignore the advice of medical professionals in dealing with the coronavirus public health crisis, so too the laws of Economics are inexorable. …

“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 …

An Economist article (2011) defined ‘elites’ as people who shape the world without anyone noticing. The rich and powerful leverage their privileged status to exercise decisive control over the way society is organised and developed. I am thankful that Gregory Aboud has opened this discussion. While he did not define …

The Dr Roodal Moonilal Ramai Trace SDMS Primary School (Sunday Express, 13 January) is a prime example of our need to examine public spending. In 2013, the school ostensibly bestowed naming rights on the MP for the TT$350,000 raised from businessmen in the area to purchase the land. Construction reportedly …

It would be asking too much of our politicians that they show some humility in their public lives. In fact, it will be true to say that, with precious few exceptions, politicians across the world are egotistical and arrogant—character traits that distinguish them from most ordinary human beings. Lest I …