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August 2, 2023
The Central Bank Governor has been called upon to guarantee people there is not another “Clico meltdown” on the horizon.Opposition Leader Kamla Persad-Bissessar also called on Prime Minister Dr Keith
July 24, 2023
The tiny South American oil producer Guyana set up a Sovereign Wealth Fund in 2021 to avoid the mistake Nigeria made by eating all its oil...
July 22, 2023
The government has implemented various measures to avail the subsidy on tomatoes and ensure their availability to consumers at affordable prices, as reported by the Press Information Bureau (PIB). These initiatives include: Price Stabilisation Fund, Market Intervention Scheme, Operation Greens., Industry News, Times Now
June 18, 2023
“Grave fiscal irresponsibility!” was the characterisation by the former Central Bank governor Jwala Rambarran of the announcement of a US$900 million loss by the Heritage and Stabilisation Fund (HSF). Invoking
June 17, 2023
One of the most fascinating aspects of the SVB collapse and the subsequent bank runs is how quickly global bank regulators abandoned carefully worked-out โbail-inโ rules and reverted to a weird hybrid of bail-in and old-fashioned bailouts.
June 15, 2023
ECONOMIST Marla Dukharan says it is unfair for Finance Minister Colm Imbert to criticise journalists for using the most recent data on the performance of the Heritage and Stabilisation Fund (HSF) provided by his ministry.
June 15, 2023
THE EDITOR: The PNM has a unique gift, which I call the gift of the un-Midas touch. Unlike the mythical Midas, whose touch turned everything into gold, the PNM turns everything they touch into ashes. Everything they touch gets damaged. In 2015, the PNM inherited a Heritage and Stabilisation Fund, the savings of the country.
June 14, 2023
Oh, how I wish politics in Trinidad and Tobago were simple. We have very bril­liant, qualified financial professionals, they could have protected the Heritage and Stabilisation Fund (HSF) from billions
June 14, 2023
THE Prime Minister urged media houses to arrange to send staff on a thorough visit to the newly-built Diego Martin Corporation Administrative Building to see its fine condition, addressing a news briefing on Monday at the Diplomatic Centre, St Ann's. Dr Rowley challenged remarks made by Barataria/San Juan MP Saddam Hosein at a UNC briefing
June 13, 2023
OPPOSITION Leader Kamla Persad-Bissessar believes the government's withdrawal of US$1.9 billion from the Heritage and Stabilisation Fund (HSF) since it assumed office has "undermined its purpose." She said this in a press release on Monday afternoon. Saying the fund's resources have been depleted under the PNM, Persad-Bissessar said government's withdrawals stand "in stark contrast to