economy

Tobago anxious about PM’s plan to fix economy

Prime Min­is­ter Dr Kei­th Row­ley’s lat­est state­ments on his Gov­ern­ment’s steps to mend To­ba­go’s econ­o­my are caus­ing anx­i­ety among many stake­hold­ers on the is­land. How­ev­er, while they re­joiced at some of Gov­ern­ment’s plans yes­ter­day, they said the ma­jor­i­ty of the mea­sures do not ad­dress the sit­u­a­tion in the short term.

Over the last cou­ple of years, the is­land’s econ­o­my has faced chal­lenges, with the seabridge woes deep­en­ing the prob­lems.

Close to 4,000 tourists visit aboard MSC Preziosa

Close to 4,000 cruise passengers arrived in Trinidad today as the MSC Preziosa made its fourth call on the port of Port-of-Spain.

The passengers, many of whom came from Europe, Guadeloupe, Martinique and other countries, were greeted with the soca songs played by a DJ.

A statement by the Tourism Ministry says that four French students from St George’s College, Barataria, provided translation services as about 712 of the 3,595 visitors went on pre-booked tours to popular places of interest, while there were an estimated 500 privately arranged tours.

PM: We have done reasonably well

T&T’s debt-to-GDP ra­tio is de­creas­ing, en­er­gy ex­ports are in­creas­ing and nat­ur­al gas pro­duc­tion is on the up­swing, Prime Min­is­ter Dr Kei­th Row­ley an­nounced in the sec­ond part of his ad­dress to the na­tion broad­cast on Mon­day night.

“That is called get­ting the job done,” he said.

Carnival jumbies fork out $5,000-$15,000

Are you will­ing to fork out be­tween $5,000 to $15,000 for Car­ni­val fetes and mas, us­ing your sav­ings and bor­row­ing if you have to? This is the av­er­age fig­ure mas lovers are will­ing to spend to en­joy the rev­el­ry this sea­son. In a Sun­day Guardian poll on Face­book, many Car­ni­val lovers said the sea­son can cost them from $5,000 up­wards—with an av­er­age spend of $12,000 to $15,000.

Fix education system or face economic doom, Minister warns

Minister of State in the Ministry of Education Dr Lovell Francis has warned that Trinidad and Tobago is facing a "watershed" economic moment and must develop its human capital if it is to prevent economic ruin.

Speaking at Tobago's second consultation on the Draft Education Policy Paper 2017-2012 at the Victor E. Bruce Financial Complex in Scarborough on Tuesday, November 27, Lovell said the country's educators must create a policy to drive economic change. 

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