Media Release from
FORMER MINISTER OF ENERGY AND ENERGY AFFAIRS, TRINIDAD AND TOBAGO
Ramnarine: Imbert wrong again – Petrotrin paid over TT$ 20 billion in taxes, royalties and other payments to the Gov’t from 2011 to 2015. The country needs responsible leadership on matters of the economy; at such a time, it is critically important that we remove politics from the affairs of the Ministry of Finance. Continue reading ‘Ramnarine on Petrotrin: Imbert wrong again’
FINANCE Minister Colm Imbert said on Tuesday that he will not comment at this time about the quashing of the 2014 audit report into the controversial LifeSport programme. In a ruling on Monday, Justice Mira Dean-Armorer quashed the report of the Ministry of Finance’s central audit committee into Life Sport. Imbert said he will not commenton this matter until he receives the written judgement or, “until I get clarity on excactly what the judge ordered.” Continue reading ‘Imbert seeks clarity on LifeSport’
With days to go before Finance Minister Colm Imbert delivers the Government’s 2017 budget, Trinis by the thousand sit in bars across the country sipping beers or whisky, and amidst the din that is common to such establishments, shout to be heard: “Breds, we better drink up, yes…from Friday, we may not be able to afford Johnny Walker Blue!” Big problem, that. Continue reading ‘Never lose human compassion’
By Raffique Shah
Submitted: August 23, 2016
Posted: August 28, 2016
I don’t know that the majority of people in the country are influenced in any way by the manifestos presented by various parties—in our case two, one from the UNC/PP and the other from the PNM.
In fact, I believe few people, likely less than ten percent of the electorate, read these voluminous documents. In my case, I sought the synopses of the presenters because I know they will have highlighted what they saw as the fundamentals of what they would implement if elected, and certainly their most marketable offerings. Continue reading ‘Half truths and manifestos’
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 be accused of being unduly harsh on the men and women who offer themselves for high political offices, I ask that readers think of politicians you may know personally, contrast the genial soul you knew before he or she was elected or appointed to high office with the person you see (or saw) in office, lording it over lesser mortals. Continue reading ‘No civility, much hypocrisy’
There was no need for Minister of Finance Colm Imbert to engage officials of the International Monetary Fund (IMF) and the World Bank to provide advice on T&T’s fiscal policy.
This was the view yesterday of developmental economist Dr Ralph Henry and former minister in the ministry of finance Mariano Browne, following Imbert’s announcement on Thursday that World Bank officials are in T&T to assist and advise the Government on pressing matters, including a review of expenditure in all key areas. Continue reading ‘No need for outside help’
Finance Minister Colm Imbert reads the price of oil from his cellphone while Prime Minister Dr Keith Rowley looks on attentively during the sitting of Parliament yesterday. PHOTO: MARCUS GONZALES
While an estimated 1,300 businesses will no longer have to pay Value Added Tax (VAT) from next month, thousands of citizens will have to dig deeper in their pockets to buy several items, such as rice (except parboiled and boiled), flour (except all purpose and wheat), coffee, orange and grapefruit juices, mauby, tea and tomato ketchup. Continue reading ‘Citizens to pay more for food’
Central Bank Governor Jwala Rambarran has been fired. The T&T Guardian confirmed that Rambarran was dismissed by the Minister of Finance, Colm Imbert yesterday.
Word of this unprecedented dismissal came late last night, but only one day after Prime Minister Dr Keith Rowley said that a Government “ought to have confidence” in any Central Bank Governor. That comment and his refusal to give any ground to Rambarran made clear that he did not have any confidence in the Governor. Continue reading ‘Govt axes Rambarran’
Central Bank governor Jwala Rambarran was the unlikeliest man to kick the hornets’ nest, but that he did when he named the firms that used the most foreign exchange (forex) over the past three years.
Amidst a cacophony of complaints from businesses and individuals about being denied adequate sums of forex for legitimate uses, Rambarran went on the offensive by identifying the 18 biggest users. Continue reading ‘Whey the money really gone’