Government

Opposition Leader: “2020 Budget an insult to the poor.”

In her opening salvos of her response to the Finance Minister’s Budget Presentation… Opposition Leader Kamla Persad Bissessar S.C., has described the 2020 Budget as an insult to the poor.

She says government should call the general election now.

According to Opposition Leader, the Finance Minister did little more than throw crumbs at the most vulnerable in the society.

The Opposition Leader argues that government’s provisions have meant that CEPEP’s allocation was the lowest in years.

Congress of the People on 2020 Budget

 

The political leader of the Congress of the People says Monday’s budget failed to address urgent measures needed to transform the country's economy.

According to Carolyn Seepersad-Bachan, the fiscal measures announced only appear to achieve short term political gains, as opposed to sustainable development.

She said the government's macroeconomic position was out of sync with reality.

Over 100 properties acquired for highway no longer needed

The State is sad­dled with $345 mil­lion in claims for prop­er­ties that were ac­quired to make way for the con­struc­tion of the Solomon Ho­choy High­way Ex­ten­sion to Point Fortin.

And over 100 prop­er­ties were ac­quired that are no longer in the way of the pro­posed road de­vel­op­ment.

This was re­vealed by Works and Trans­port Min­is­ter Ro­han Sinanan on Wednes­day dur­ing an event in Guapo, where Prime Min­is­ter Dr Kei­th Row­ley turned the sod for pack­ages, 5D, 6C and 3A of the high­way ex­ten­sion project.

Govt gets licks for NPO Bill; Senators feel charity groups will be hit hard

Licks from the Op­po­si­tion, plus licks from some In­de­pen­dent sen­a­tors.

That was the state of play yes­ter­day as the Sen­ate be­gan de­bat­ing Gov­ern­ment’s con­tro­ver­sial bill to reg­u­late Non-Prof­it Or­gan­i­sa­tions (NPO) - leg­is­la­tion which the In­de­pen­dent bench’s first two speak­ers feared could de­stroy the NPO sec­tor and dis­cour­age par­tic­i­pa­tion in it.

The bill, which was passed in the House of Rep­re­sen­ta­tives re­cent­ly, has gen­er­at­ed con­cern from some or­gan­i­sa­tions which said they weren’t con­sult­ed.

Imbert: US lobbyist seeking opportunities for Govt

The Group DC LLC, the US lob­by­ist firm, which un­der­took sev­er­al trade and in­vest­ment pro­mo­tion ini­tia­tives for the T&T Gov­ern­ment last year, iden­ti­fied op­por­tu­ni­ties and strate­gies to en­gage multi­na­tion­al cor­po­ra­tions to po­ten­tial­ly in­crease com­mer­cial ship­ping and dry­dock con­struc­tion here.

Fi­nance Min­is­ter Colm Im­bert out­lined the work the firm did in 2018 in re­sponse to ques­tions from Na­pari­ma MP Rod­ney Charles in Par­lia­ment on Fri­day.

T&T, El Salvador sign MOU on financial intelligence-sharing

The Directors of the Financial Intelligence Units (FIU) of El Salvador and Trinidad and Tobago have executed a Memorandum of Understanding (MOU) to establish a framework to facilitate the timely exchange of information and intelligence that is reasonably considered relevant to the investigation of a money laundering or financing of terrorism case.

The MOU was executed at the Caribbean Financial Action Task Fork (CFATF) XLVIII Plenary held during November 19-23, 2018 in Bridgetown, Barbados.

PM holds talks with IDB

Prime Minister Dr Keith Rowley and a team of accompanying ministers and other Government officials today met with a high-level team from the Inter-American Development Bank (IDB). 

President of the IDB Luis Alberto Moreno led the team of officials who represented the bank.

The meeting was held at the Diplomatic Centre, La Fantasie, St Anns.

Caribbean Airlines lost $260M on London route

Caribbean Airlines lost more than a quarter of a billion dollars flying the London route between June 2012 and January 2016, according to Prime Minister Dr. Keith Rowley.

Dr. Rowley was speaking in the Parliament on Wednesday evening on a motion to vest the assets of Petrotrin into three companies which will comprise the restructured entity.

In responding to the opposition’s position that it would not have shut down the state-owned refinery, Dr. Rowley referenced Caribbean Airlines’ London route.

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