Wednesday, January 24, 2018

‘Too close to elections to devaluate TT dollar’*

UWI forum answers questions raised by Govt on devaluation, forex supply...

welfare of country at stake: Mariano Browne... former minister of state


 

QUESTIONS about the supply of United States dollars that Finance Minister Colm Imbert and Prime Minister Dr Keith Rowley have been asking were answered at a University of the West Indies (The UWI) Sir Arthur Lewis Institute of Social and Economic Studies (SALISES) forum in St Augustine last Friday.

How does devaluation of the Trinidad and Tobago dollar (TTD) multiply the supply of US dollars (USD) in the Trinidad and Tobago economy?

Are the lecturers' answers to the country's economic woes only good for the classroom and not for the real world with political fallout?

During separate TV interviews over the past few weeks, the two politicians raised the questions.

 

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