Finance Minister Colm Imbert

Finance Minister Colm Imbert

The People’s National Movement, (PNM) marked the fourth anniversary of its 2015 general election victory yesterday with little fanfare. But what has the party achieved after four years?

Many economists would admit—some very grudgingly—that the signal achievement of the administration in the last four years has been to stabilise the economy. The current administration did not come to stabilisation easily; it was forced by circumstances to curb expenditure and boost revenue in any way it could. In its first year in office, which was from October 1, 2015 to September 30, 2016, natural gas production average 3.43 billion cubic feet per day, down 12 per cent from the previous fiscal year.

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There have been significant changes to the demand and supply patterns for crude oil in 2020 due to the indefinite impact of the Covid-19 pandemic. As a result, prices have been very volatile but have persistently trended downwards year to date.

GETTING her job back should have been a relief for Leesa Huddleston.

A kitchen worker at an Indiana casino, Huddleston returned in June after a three-month furlough caused by the coronavirus. She felt fortunate to no longer be among the roughly 30 million Americans who remain jobless and are now struggling with suddenly reduced unemployment aid.

THE OPPOSITION United National Congress (UNC) intended to damage the Unit Trust Corporation with its proposal to use its idle cash balances for the National Infrastructure Fund, Works and Transport Minister Rohan Sinanan said yesterday.

Prime Minister Dr Keith Rowley would not rush to sign sale and purchase agreement with Patriotic Energies and Technologies before the general election if it is not in the interest of the people of Trinidad and Tobago.

Government has announced a boost for fuel wholesalers and retailers with an increase in their margins for gasoline.

This announcement was made yesterday by the Minister of Energy Franklin Khan during the opening of NP’s newest service station in Arima.