Skip to playerSkip to main content
CCNTV6
  • 9 months ago

The Prime Minister plans to meet early next week with the Central Bank and the Bankers Association to discuss the issue of foreign exchange in this country.

Juhel Browne reports.
Transcript
00:00I intend to address immediately, and it will happen on Tuesday next week, the issue of
00:05foreign exchange and forex and allocation of forex as one of the first items on my list
00:13of priorities.
00:14The declaration from Prime Minister Stuart Young during his first post-Cabinet media
00:18briefing on Thursday.
00:19I have asked the Minister of Finance who is here, Senator Vishnu Danball, our Minister
00:25of Finance, to please invite, and I intend to dispatch the necessary correspondence as
00:33Prime Minister as well.
00:34Next week, Tuesday at 2.30, I have invited the Central Bank and the Bankers' Association
00:42of Trinidad and Tobago, and I'm hoping all the CEOs, the Chief Executive Officers of
00:48the banks that operate in Trinidad and Tobago, to meet with myself, the Minister of Finance,
00:55right here at Whitehall.
00:57Access to foreign exchange continues to be a challenge for business owners, and also
01:00those who travel abroad for business or for pleasure.
01:04But I intend to raise at that meeting this issue of foreign exchange and how it is that
01:10we can address the foreign exchange.
01:11The fact is that we have less foreign exchange than we used to, that is a fact of life.
01:17However, how do we look at the allocation of the foreign exchange that is available
01:23to us amongst our citizens of Trinidad and Tobago?
01:27The Prime Minister said the media will be invited to observe the start of the meeting
01:30and will later be informed of the outcome.
01:33Jule Brown, TV6 News.
Be the first to comment
Add your comment