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Trinidad & Tobago Inflation At 10% - Page 19

The government is announcing that they need to tighten their belt again because they are not getting the same revenue as they used to. What's the matter, I thought Manning says this country is immune?

Also, TT&TEC announced that the country went from consuming 240MW to only 20MW. Well what do you expect, you raise the cost of electricity and tell people to reserve consumption.

Inflation Tobago and Trinidad

T&T managing well, economy looking better
Finance Minister:
Trinidad and Tobago's economic outlook appears much better today than it did when the ongoing international financial crisis first surfaced some nine months ago, Finance Minister Karen Nunez-Tesheira says. Ref. Source 5

Trinidad & Tobago Inflation At 10% Caribbean / Tobago & Trinidad

The Central Bank is saying that the digression of the economy is happening so fast that in 2009 they expect 1% growth or no growth at all. Despite that inflation of food prices has come down from 30% to 25% ONLY! This means that international food prices which have come down tremendously are NOT passed on to the consumer - again proving what I have said many times in this Thread - Trini'comics is not the same as world economics. Businessmen, especially in the food arena are not fair in passing on reduced costs of food. Also, the stupid consumers continue to buy with NO prudence! I have seen little to no reduction on food prices and in some cases some things are still going up!

Page 19 Inflation Tobago and Trinidad

I think one of the big problems as it was mentioned in this thread is that consumers continue spending in the same way as before the recession, no much difference really and if those who are in charge of making the big changes see that the average Joe continue spending without remorse, then things must be going good for them after all. That's the kind of reasoning.

Inflation Tobago and Trinidad

Industrial boom coming, says PM

A tremendous new wave of industrial activity would be generated in Trinidad and Tobago when it gets through the present economic slowdown, Prime Minister Patrick Manning said yesterday. Ref. Source 2

Trinidad & Tobago Inflation At 10%

PM: T&T poised to become leading financial centre

Despite the current global economic downturn, Trinidad and Tobago is making strides to become the newest financial hotspot in the Caribbean, Prime Minister Patrick Manning says. Ref. Source 5

Trinidad & Tobago Inflation 10% - Page 19

Political language. . . Is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.
-- George Orwell, IHC

Trinidad & Tobago Inflation 10% Trinidad & Tobago / Caribbean - Page 19

Economic growth around the corner

PM Manning: Prime Minister Patrick Manning has predicted that despite the dull forecast which both independent economists and the Central Bank have given, this country will experience economic growth in just a few days. Ref. Source 2