Tag Archives: Ministry of Finance

“[…] Basic economic theory does not always manifest in practice—in fact, it rarely does. To understand if or by how much exports/imports change requires an understanding of how responsive exports/imports are to price changes. This is called elasticity in economics. “[…] Alongside this, the constantly changing geopolitical environment must be …

Last week’s column quoted an INTOSAI (the global body of auditors general) statement: “Independence does not mean an adversary relationship… Collaborative spirit must be the governing rule. “Good relations can help […] to obtain better results. Independence is not only a privilege—it also entails obligations and should not be viewed …

The ongoing saga of the auditor general and the understatement of the country’s revenue reveal the quality of our leaders. Did Dr Keith Rowley exhibit due diligence in approving the nomination? We have long harped on the notion of seniority in promoting leaders. But is that the best approach? In …

“It is hardly possible to build anything if frustration, bitterness, and a mood of helplessness prevail.” Lech Walesa, 1983 Nobel Peace Prize Laureate. As a country, we are becoming more shameless. The scant regard that the Eric Williams Medical Sciences Complex (EWMSC) staff displayed to Dr David Picou is galling. …

This week, the most important business news story was not the $2 that KFC wants to levy for their condiments, nor the shenanigans surrounding the Cabinet reshuffle. The week’s critical story was the release of the IMF 2021 Article IV Consultation Report.  To reduce the Report to a sound bite, ‘our …

‘When the lights go on, the cockroaches scatter’, is what popped into my mind when I read about the Ministers of Finance, Health and Trade and Industry, the Attorney General and the Adrian Scoon party boat issue. A special restaurant licence was issued to businessman Scoon without the approval of …

How did party promoter Adrian Scoon get a special licence to hold a boat party on MV Ocean Pelican on Boxing Day? Minister of Finance Colm Imbert today appeared to break ranks with Cabinet colleagues over the controversial boat party as he revealed that he instructed the Ministry of Finance …

“[…] Tobagonians are free to apply for HDC housing in Trinidad. However, no Trinidadian can ever apply for housing in Tobago under the THA as constituted, not even if you are of Tobagonian parentage. As a consequence, several Tobagonians are the proud owners of houses in Tobago as well as …

So the dream of Splice Studios is no more. If Abigail Hadeed—with her brand recognition, contacts, creativity, and privilege, could not navigate to save her business during this pandemic—then tell me who can. Just reading her post was painful: ‘Thank you all who have shared, supported or created at Splice …

“[…] The PNM administration seems allergic to institutions which are independent within the executive and run by unelected persons.  “It is clearly one of the reasons for the pre-emptive assault on the Office of the Procurement Regulator rendering it a eunuch, so that the hands of elected ministers will not …

As adopters of social media and smart phones, we reveal a lot about ourselves each day. We tell the world about our likes and dislikes, habits and families via Facebook and Twitter. We even disclose our travel plans to persons we do not know via Waze and Google. We expose …

“[…] Trinidad and Tobago is not only impacted by the economic consequences of Covid-19; but as an oil-and-gas exporting country, the economic, financial and social consequences have been further compounded by the dramatic drop in oil and gas prices. The worldwide demand for crude oil has crashed in the context …