Agri-Economist Omardath Maharaj isn’t surprised by the incentives offered by the Ministry of Finance in the 2016/2017 fiscal package. However he says the budget should’ve included how to preserve food and nutrition security at a household level.
President of the Tableland Farmers Association also had his say on what the 2017 budget means for farmers. Ramash Ramsumair says the increase in diesel will affect farmers. Also that he is sympathetic towards the Agriculture Minster but that more needs to be done at the public service level. He is calling for increased productivity.
Former Energy Minister Kevin Ramnarine says the impression gotten from the 2017 budget presentation is that the Finance Ministry is preparing for winter but says the ministry should be preparing for an ice age. Ramnarine says that T&T is in a new economic environment where citizens now have to live with less and the country has to find new foreign exchange earning avenues.
There's debate over certain elements within the Foreign Account Tax Compliance Act (FATCA) legislation that is causing a delay in its passing. So says Economist Dr. Regan Deonanan.
However, he thinks it is important to get FATCA compliant quickly as non-compliance affects everyone at a personal and daily level.
"Workers are at their lowest". That's the response of ArcelorMittal Steel Workers Union President Christopher Henry, when asked how workers are after being retrenched about nine months ago. Mr. Henry said approximately 10% of the workers have secured employed.
He also stated that they are expecting a share in Friday's budget but is unsure of whether they'll actually receive it given the government's "continued hook line that there's no money."
With Prime Minister Dr. Keith Rowley and President Anthony Carmona having different stances on the National Security Meeting that was held at the request of the President, one political analyst says "nobody will know who to believe."
Dr. Bishnu Ragoonath says that type of difference of opinions may not provoke a constitutional challenge but may undermine the confidence in both offices.
Political Commentator Indera Sagewan-Ali says the President is the "one that should lead the charge when it comes to transparency and accountability". Sagewan-Ali says the outcry over monies and the President's Office was justified as it was not a small amount in question. She says that there's a responsibility to account to the people.
Non-compliance with the Foreign Account Tax Compliance Act will have profound effect on the man in the street. These are the words of Nigel Baptiste, Managing Director at Republic Bank Limited.
Mr. Baptiste says the non-passage of the FATCA legislation will potentially exclude Trinidad and Tobago's foreign financial institutions from the US payment system which affect everyday transactions such as wire transfers and payment of good and services etc .
When asked what was the one accomplishment that stood out in her career outgoing Trinidad and Tobago Chamber of Industry and Commerce CEO Catherine Kumar said that there were too many to just choose one. She did say though that one highlight was being Inspector of Financial Institutions at the Central Bank of Trinidad and Tobago.
Non-profit organisation Friends of Nelson Street (FONS) will be hosting a concert entitled "Culture at its Best" at City Hall on October 2nd, 2016. The organisation intends to use the proceeds from the concert to treat the children of Nelson Street for Christmas. FONS spokesperson Sharon Dos Santos says the organisation was formed to minimize the negative stigma attached to the area and focuses on assisting the children in the area.
There has not been enough disclosure of information on Sandals Tobago. So says David Walker of the CLICO Stakeholders Alliance. Mr. Walker says the meeting held by Sandals earlier this week was a public relations exercise as opposed to a consultation. He went on to say that only a "selected few" were invited to the meeting.