HEADLINES
COMMENTARY
Media Should be More Vigilant with Galleons Passage
By Capil Bissoon I refer to your story in yesterday’s edition of the Trinidad Express captioned “Has the work started” with regards to the
Posted On 10 Jun 2018
GAS AND GROWTH IN 2018
By Kevin Ramnarine For the last two decades, the Trinidad and Tobago (T&T) economy can best be described as a “gas based economy”. When
Posted On 20 Dec 2017
The Bogeyman Thesis – Budget 2018 has not inspired public and investor confidence
Is Government deliberately making the energy and banking sectors into the economic bogeymen of T&T? If so, this is an extremely dangerous
Posted On 14 Oct 2017
Ramnarine: Imbert Wrong on Fiscal Incentives
Statements by Colm Imbert regarding the fiscal incentives of 2014 are totally wrong and misleading. These statements and their tone also serve to
Posted On 03 Oct 2017
Speeches
Speaking Notes of Political Leader MNF St Augustine
Good night, my UNC family, and thank you for coming out tonight, I know you are eager to hear more about the party’s views on the 2019 Budget.
Posted On 09 Oct 2018
Highlights of the Feature Address of Political Leader at UNC MNF Chaguanas East
Kamla: The future is bright. We will move forward and not repeat the mistakes of the past. We must learn, be humble, reach out, build bridges,
Posted On 21 Aug 2018
Highlights of the Political Leader’s Address MNF – Fyzabad
PNM Deception – National Investment Fund Let me show you, why we can never trust this Government. The National Investment Fund is like a Ponzi
Posted On 03 Jul 2018
Kamla: The Choice – A Failing PNM Government or A Brighter Future under the UNC
The Choice –A Failing PNM Government or A Brighter Future under the UNC. Good night, my UNC family, I’m happy to be back in Barataria to hear
Posted On 19 Jun 2018
Press Releases
Ramona Budget 2019: THA gets $196.4 million increase for new fiscal year
MP Ramdial in her budget contribution yesterday in the lower house made the following comments: There has been an increase by $196.4 million for
Posted On 09 Oct 2018
UNC PRO: Minister Young trying to mislead and create mischief
The United National Congress notes the official statement of the Minister of Communications on a reported planned protest tomorrow morning.
Posted On 07 Oct 2018
UNC Women: PNM Women’s League distracting from real issues
The UNC National Women’s Arm notes with displeasure and disappointment the desperate attempt by the PNM Women’s League to distract from the
Posted On 12 Sep 2018
Message from Leader of the Opposition on the 17th Anniversary of 9/11….
I join the rest of the world in remembering the victims of the horrific terrorist attacks on United States of America which took place on Tuesday
Posted On 12 Sep 2018
Letters
Three years of Rowley’s Rule
This is a particularly reflective time for Trinidad and Tobago having just observed our 56th year of Independence. This week, on September 7,
Posted On 03 Sep 2018
A crisis of leadership
As we celebrated International Women’s Day this week it was my intention to comment on why it is important for us, as nation to continue to
Posted On 16 Mar 2018
Our country cannot survive much more of this incompetence and mismanagement
The Editor: The Keith Rowley administration will go down in history as the most incompetent and destructive government this country has seen in
Posted On 02 Mar 2018
A State of Abject Failure
We have found ourselves in a manufactured recession and the worst state of depraved living condition this country has ever experienced.
Posted On 18 Dec 2017
Copyright © 2013 - 2018 United National Congress
THE BOGEY MEN
Kevin Ramnarine.
By Kevin Ramnarine
The Government is deliberately making the energy and banking sectors into the economic bogey men of T&T. That is dangerous since investors have options. T&T isn’t the only girl on the dance floor. This is not 1977.
To say that the country produces 3.0 billion cubic feet per day and “not one cent” comes to the country is wrong. It assumes firstly that Trinidad and Tobago only exist in the year 2017. It did not exist before and will not exist in the future. T&T is a going concern. A time will come in the future when energy revenue will rebound. In years gone by the country received its share of royalties and taxes as per law.
The facts also rebuke the “not one cent” Imbertian theory. The records of the Central Bank as published in the last Economic Bulletin show that the country collected TT$ 6.0 billion in revenue from energy companies for the first 10 months of fiscal 2017. While this is much lower that what was collected in previous years, it is still not the zero that we heard about from Minister Imbert and Junior Minister Young. Why then did they come with this “not one cent” story?
Was it to deliberately paint Banking and Energy in a bad light and set the stage for increased taxation and application of Royalties? T&T is walking down a dangerous and slippery road when its banking and energy sectors being made into fall guys.
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Ramnarine: Imbert Wrong on Fiscal Incentives
The Bogeyman Thesis – Budget 2018 has not inspired public and investor confidence
COMMENTARY
Media Should be More Vigilant with Galleons Passage
GAS AND GROWTH IN 2018
The Bogeyman Thesis – Budget 2018 has not inspired public and investor confidence
Ramnarine: Imbert Wrong on Fiscal Incentives
THE WORST POVERTY IS A POVERTY OF IDEAS