Better days ahead
It is very comforting to read of the International Monetary Fund’s latest country report on Trinidad and Tobago. It predicted robust growth for T&T’s economy in the region of 2.5 per cent for 2014.
This reinforces the economic policy of the Government, that it was working to stabilise and strengthen the economic fundamentals over the past few years after the financial upheavals in 2009 and 2010. This is a great endorsement of this policy and holds out the prospect of better days ahead. This also corresponds with the Standard and Poor’s “A” rating for this country.
In the last few years, the world has been experiencing the worst recession since the Great Depression of the 1930s. However, the Government persevered and stuck to an effective economic policy to ensure we came out on the right side of this economic maelstrom.
For this, they should be commended and we should be expecting better things to come.