“Grave fiscal irresponsibility!” was the characterisation by the former Central Bank governor Jwala Rambarran of the announcement of a US$900 million loss by the Heritage and Stabilisation Fund (HSF). Invoking
Noble: Heritage Stabilisation Fund Vibes—context needed urgently wired868.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wired868.com Daily Mail and Mail on Sunday newspapers.
ECONOMIES are sensitive to what people say. Investor confidence, consumer spending, market speculation and policy interventions can all hinge on words. What people say about an economy is almost as important as how that economy has performed. And, to this extent, we have some sympathy for the overcautious approach of officials in the Ministry of
While the time needed to completely clear the backlog of Value Added Tax (VAT) refunds would be difficult to estimate, Minister of Finance Colm Imbert says VAT bonds will be introduced to help reduce the outstanding amount. Imbert was responding to questions from Independent Senator Amrita Deonarine during a Senate sitting on Tuesday. He said
Minister of Finance Colm Imbert has responded to media reports that a Tobago homeowner was successful in litigation against the State over the acquisition of land, noting that several key facts from the Judgment were omitted from publications. He added that the outcome meant "the State is now required to pay twice for land acquired