More fiscal discipline

Newsday Editorial
February 11, 2010 – newsday.co.tt
Trinidad and Tobago News Blog
www.trinidadandtobagonews.com/blog

Financial ComplexPRIME Minister Patrick Manning, at a PNM meeting in Laventille on Tuesday, re-ignited the debate as to how well, or if you like, how badly the Government has been spending public monies.

He raised the prospect of the Government having to borrow to fund its expenditure and thereby possibly incur strange looks from the International Monetary Fund (IMF). Manning said the Government had last year suffered a $6.9 billion revenue shortfall, while this year’s shortfall is about $7.8 billion.
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