Colm Imbert

Did the math: Colm Imbert

FINANCE Minister Colm Imbert says this country is under no obligation to follow any recommendations made by the International Monetary Fund (IMF). The IMF is assembling a team to visit T&T for its annual Article IV consultations, but no date has yet been set for the visit.

Imbert was speaking at the post-Cabinet media briefing at the Diplomatic Centre in St Ann’s on Thursday. He said while T&T is a member of the IMF, this country is not currently in any IMF programme and has not borrowed money from the IMF and as such does not have to do anything the IMF might recommend.

Get caught up with news from the news leader
Subscribe now and get access to the Trinidad Express E-paper
SUBSCRIBE/ LOG IN

RECOMMENDED FOR YOU

NIQUAN Energy Trinidad (NiQuan), the energy start-up that purchased the rights to Petrotrin’s abandoned Gas-to-Liquids (GTL) plant, went to market in May to raise US$100 million.

GOVERNMENT could be forced to make a termination payment of up to an estimated US$43 million to the China Gezhouba Group International Engineering Co Ltd (CGGC) for the cancellation of its contract with the Housing Development Corporation (HDC), according to Express Business calculations based on local high-rise apartment construction costs and profit projections.

BP, one of the world’s largest oil and gas companies, is concerned about the global rise in energy consumption. “BP’s position is we want to see a rapid transition to a low carbon energy system,” said Spencer Dale, chief economist of the BP Group. 

YOU MAY have seen him walking the streets of Port of Spain. He’s always dressed to the nines in his shirt and matching tie, sporting our national flag on his shirt sleeve. He holds an army-green case in each hand with neat rows of delicious, homemade cassava pone inside.

TECHNOLOGY that can revolutionise the way the real estate professionals do business. That’s how Michelle Beharry has described her recently developed cloud-based software for real estate brokers and agents.