Thursday, January 18, 2018

Proposed economic rescue plan*

Part 2
IN my last article published on November 14, I had outlined some of the actions the Government should begin doing if we are to establish a foundation for diversification and sustainable development.  These include a managed devaluation of the T&T dollar, the establishment of a negative list for the sale of foreign exchange, the centralised allocation of the foreign exchange and the planned removal of subsidies.  In addition to these critical measures, the government must also develop an investment policy that would ensure specific investment criteria are met.

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