The minister said we have to quickly stem the free falling slide the economy is facing.
How can she stop the slide that is happening now?
More listings on the negative list?
It is amazing that our leaders can assert that things in the Trinidad and Tobago economy are improving when we have had four years of deficits. Prices are out of control and there is no recognisable alternative revenue source to our dependency to the traditional petro dollars generated by the energy sector.
Perhaps that assertion of well-being is applicable to a very limited sector of the society considered the more fortunate than the rest of us struggling to make ends meet day-by-day.
It is frightening when you see children and mothers shopping in a grocery and just milling around the items that they are unable to purchase—a rich country slowly becoming poor.
It brings me to the observation that our citizens have switched off, considering the situation hopeless, resulting in the adage “every man/woman for him/herself. Mediocrity in the public service and a lack of customer service is standard and there appears that no one with political affiliations or authority cares. Who can we identify that is driven by performance and accountability?
Indefensible explanations with much old talk continues.
There are areas in the oilfields that need to be reactivated that are not at present being managed efficiently by Heritage.
These areas should be identified and prepared by Heritage to farm out to existing oil producers who have a good track record of drilling and increasing production.
As mentioned in earlier letters, incentives need to be given to the oil sector to stimulate production.
These incentives should be in the form of reduced royalties and SPT taxes.