Skip to playerSkip to main content
  • 2 years ago
Unbecoming. That's how economist Marla Dukharan has described Prime Minister Rowley's comments, in response to her assessment of this country's forex management. This, after she claimed that Trinidad and Tobago is losing billions in foreign exchange every year, which no one is accounting for. Rynessa Cutting has more.
Transcript
00:00that somehow 22 billion dollars, 25 billion dollars is missing from this
00:09country and every, to every year we lose two billion US dollars. Well I didn't
00:18have the time to read the rest of the story. I just read the headline and the
00:23first paragraph. I don't have to read the rest of the story to ask what kind of
00:28jackass this is that. Suffice it to say the Prime Minister is displeased with
00:34economist Mala Dukeran's assessment of TNT's forex management. But while Ms.
00:39Dukeran is troubled and disappointed by a forex situation, she's possibly even
00:44more so in the Prime Minister's behavior. Resorting to ad hominem attacks and
00:50obscene language is first of all unbecoming of the leadership of any
00:55country and so I'm very disappointed to hear that this is the kind of response
01:00that the Prime Minister of all people would give and I and I continue to hope
01:08for a meaningful, respectful response that shows that this, the leadership of
01:16our country takes their position seriously. The Prime Minister's response
01:21comes after the economist labeled TNT as the world's largest loser of foreign
01:25exchange. As she says over the past 12 years, 2011 to 2023, over 25 billion US
01:33dollars have gone missing from TNT and no one has been able to account for it.
01:38The Prime Minister however is dismissing her account of the situation. It was bad
01:44enough if somebody from the Parliament, opposition had said that because that is
01:49normal for them but when someone who claims to be a professional economist
01:55who pontificates on the monetary and fiscal policies of this country, the
02:00Central Bank operations and our finances could get him or herself quoted like
02:08that, something has to be radically wrong with us. But the PNM stands between you
02:16and that kind of dotishness and it's only when you listen to the PNM you hear
02:23the facts. In that vein, Jikaran is calling on the authorities to come with
02:28the facts to disprove her assessment. I would like to know who is accountable
02:34for addressing this issue. My guess would be the Ministry of Finance, the CSO and
02:43perhaps even Customs, given that they're the ones who measure most of the trade
02:48flows for our country. But I would really appreciate some kind of commentary or
02:55feedback from the authorities that's meaningful and that addresses the data
03:00and the actual problem that exists.
03:02Renessa Cutting, TV6 News.