Imbert Speaks - Listen Up

[ProtonPowder]

This was obviously a distraction from the content of his speech. Imbert knew very well that these same economists will ask him to provide the numbers and the sources to determine that the country has turned around. He smeared them in Parliament and PNM sympathizers will magnify what he said on social media.

Now when these economists asking for the numbers and the sources from Imbert especially till 2020, instead of people thinking they are right to ask, people will think they have a bias and colm get away from accounting to the people.

Impsy trying a thing, but only looking more like the square peg in the round hole that he is as MoF. PNM sheep like randolphinshan etc. go lap that sheit up and ask for seconds, but those economists will want figures. Roger Hosein already saying that the April figures from Central bank are NOT showing any turnaround. KantBert doesn't realize that with the last debacle with us being downgraded due to "wrong" figures being provided, will only have these economists wanting to see accurate figures even more.

I find that 1% inflation rate he calling sound like absolute nonsense, and i never trust the CSO because it behaves like a government datacentre, for whoever in power at the time

[The_Honourable]

btw... when last people heard from Central Bank governor Alvin Hillaire?

Ewart Williams use to have a conference updating the public about the economy whether good or bad every quarter or so.

[matr1x]

With imbert height, you listen "down"

[RedVEVO]

^^

Whether he is short or tall is not the issue .

This will not change and it does not matter .

We should question his claims and not allow his hyperbole statements to take us "down "

The average man and his core supporters should not be fooled.

Again and again

[De Dragon]

btw... when last people heard from Central Bank governor Alvin Hillaire?

Ewart Williams use to have a conference updating the public about the economy whether good or bad every quarter or so.

He too busy boasting how much we saving since we got rid of 1 cent pieces

[zoom rader]

PNM fete start as from now.

PNM done win 2020 elections

Diggers jumping

Yess ! Goodbye and good riddance to pee pee, forever.

Digger indentified

[RedVEVO]

^^
Zoom is correct .

Fete start for 2020.

So Listen Up ..

[fatboy slim]

PNM fooling their blind supporters again

[hydroep]

So after all the ole talk, it appears that Colon-in-butt — like most Pee oN deM bullies — is a coward:

Persons are entitled to express their view on any topical issue but they should declare their political interests rather than portray themselves as “independent”, says Finance Minister Colm Imbert.

Imbert yesterday rejected an invitation from economist Indera Sagewan-Alli to discuss the mid-year budget review presentation after he criticised her and four others—Roger Hosein, Marla Dukharan, Mariano Browne and Patrick Watson—as he wound up the debate on the Finance Bill last Friday.

Princes Town MP Barry Padarath had said it was not just the Opposition that was questioning the minister’s assertions about economic recovery but independent commentators were also sceptical...

https://www.trinidadexpress.com/news/local/imbert-comentators-should-declare-their-political-interests/article_18d648d6-57e2-11e8-9581-7b0103c1a6d0.html

[The_Honourable]

This morning on CNC3's the Morning Brew Hema Ramkissoon spoke with Marla Dukharan about the Finance Minister's comments and the state of the economy. Mrs. Dukharan said that she was surprised to hear her name amongst economists "called out" by Colm Imbert as she was out of the country during his Midyear Budget Review presentation.

[RedVEVO]

btw... when last people heard from Central Bank governor Alvin Hillaire?

Ewart Williams use to have a conference updating the public about the economy whether good or bad every quarter or so.

Certain Banks are not allowing customers to do wire transfers

Another ploy by Imbertio ?

[The_Honourable]

Moody’s disagrees with Imbert on deficit

Rating agency Moody’s disagrees with Finance Minister Colm Imbert claim of a 2.5 per cent narrowing of the fiscal deficit against GDP this year. It is forecasting a wider 3.5 per cent deficit and sees downside risks to Government’s revised revenue targets announced in the mid-year review.

As the country counts down to the 2020 election, the agency is also forecasting that Government will not get the parliamentary majority required for passage of the Property Tax Act and the Revenue Authority which will prevent a more significant increase in non energy revenue.

In its analysis of the mid-year review which was released yesterday, Moody’s said while Government said it expects the fiscal deficit to narrow to $4.2 billion or 2.5 per cent of GDP for the year ending September 30, its forecast is for a “slightly wider fiscal deficit of around 3.5 per cent of GDP,” which is still “substantially narrower than the 8.5 per cent deficit for last fiscal year.

Based on this nominal growth forecast, Moody’s said a fiscal deficit of that size will allow government debt to remain broadly stable at 63 per cent over GDP for the near to medium term. Beyond 2018, it expects that slow implementation of fiscal reforms to prevent further narrowing of deficits.

It noted that while higher energy, non-energy tax revenue and lower capital expenditure will narrow the deficit, Government revised down its projections for total revenue collection in 2018 because of lower asset sales. However, it expects to collect more revenue from the energy and non-energy sectors.

Government expects energy sector revenue to increase to close to eight per cent of GDP. Moody’s said this is because of higher oil prices which triggers mandatory payment of the Supplemental Petroleum Tax when oil prices cross US$50 a barrel. For the first six months of the fiscal year oil prices averaged US$59 a barrel.

Increased gas production, according to Moody’s, will support higher revenue collection from the energy sector. With full year production at Juniper in 2018 and prospects for gas production at Shell’s Starfish field to start in the second half of this year, production could reach 3.8 billion standard cubic feet a day by the end of 2018.

Moody’s said revenue from royalties will increase by about $2 billion, compared to the previous fiscal year.

In terms of the non-energy sector, corporation tax revenue increased by more than half a billion dollars in the first half of fiscal 2018 because of the increase from 25 to 30 per cent. Moody’s said this “should provide an additional boost to tax revenue going forward.”

However, the rating agency said it sees downside risks to Government’s revised budget, particularly as it relates to asset sales. While Government expects to raise $4 billion from the Initial Public Offering (IPO) in the National Investment Fund, Moody’s is not as optimistic.

It also sees downside risks to non-energy related tax revenue and expects only a “very gradual recovery in the non-energy sector” as well ass “lower tax collection from households and from the value added tax.”

Source: http://www.guardian.co.tt/business/2018 ... rt-deficit

[The_Honourable]

Moody's says Gov't likely to increase spending as it gears up for 2020 general elections

Starts at 2:13

[silent_riot]

Usual 5 year term strategy for re-election.

[Ben_spanna]

You hadda ah reeeel fr1k1ng Kurnt tuh put your vote for this current pack ah misfits back into office.

LAW should be put in place that Political PARTY's cannot accept "donations" , and they must only utilitize funds obtained from Fund raisers... either that or All Political FINANCIERS SHOUDL be published along with the respective donation amounts.
total transparence is not THAT hard...……………………..

[SR]

Impsbert said moodys could say what they want......

[shake d livin wake d dead]

Moody's says Gov't likely to increase spending as it gears up for 2020 general elections

Starts at 2:13

We din need moody to tell us that...junior sammy now get 280mil...real $$ gonna pelt out now...oh the economy turn around...

[RedVEVO]

Imbertio is planning a Tech Park @ Point Lisas .

Good promise, if he can deliver .

[fatboy slim]

imbutt is stupid

[RedVEVO]

https://www.guardian.co.tt/news/2018-05 ... ayer-rooms

" ..Finance Minister Colm Imbert clarified, however, that each of those values will not be taxed separately, but will be considered in the overall rental of the property.

“When you get your valuation is the valuation of your property. So you have a piece of land on which there are separate buildings. So you would be liable to pay tax on the entire property. But each building would be valued separately. Is not that each building would attract a value of $18,000,” Imbert explained.. "

[The_Honourable]

Finance Minister Colm Imbert is once again hitting back at economists.

Speaking at a PNM rally last evening in Barataria, Minister Imbert says the government has collected more money in tax than initially projected but the economists are not accepting the figures.

Last month, Minister Imbert criticised five economists saying they were unfair and biased when commenting on how the government is managing the economy.

And on the energy front, the Finance Minister says that while gas production is up, the government is yet to see the returns.

[RedVEVO]

^^

" ..And on the energy front, the Finance Minister says that while gas production is up, the government is yet to see the returns .. "

So why Gov't not seeing returns ?

[Redman]

The minister will hoist himself on his own petard by front running economic figures....Smh

Increased focus on collection...is a probable reason for the increase....it's hard to believe that it's increased activity.......

Projections are just that....guesses.

A lowball projection is a great way to fudge performance numbers.

[RedVEVO]

The minister will hoist himself on his own petard by front running economic figures....Smh

Increased focus on collection...is a probable reason for the increase....it's hard to believe that it's increased activity.......

Projections are just that....guesses.

A lowball projection is a great way to fudge performance numbers.

^^

Rowlee's PNM can't manage Trinidad. Maybe Tobago.

They only install and instill fear to collect tax on their sheep core supporters .

They hope the fear will extend to the general public.


BP and Shell will tell Imbertio when and how they paying .

Hence PNM not seeing revenue .

[ProtonPowder]

I trust Ramnarine a lil bit. The fact that the geological societies and the guyanese government keep asking him to give seminars and talks means he probably knows a fair share on energy.

Definitely moreso than other energy ministers we have had.

[RedVEVO]

I trust Ramnarine a lil bit. The fact that the geological societies and the guyanese government keep asking him to give seminars and talks means he probably knows a fair share on energy.

Definitely moreso than other energy ministers we have had.

Protein Head go check the price of natural gas on the World market

[ProtonPowder]

I trust Ramnarine a lil bit. The fact that the geological societies and the guyanese government keep asking him to give seminars and talks means he probably knows a fair share on energy.

Definitely moreso than other energy ministers we have had.

Protein Head go check the price of natural gas on the World market

Production volume. That post said anything about price?

Are you properly literate?

[RedVEVO]

I trust Ramnarine a lil bit. The fact that the geological societies and the guyanese government keep asking him to give seminars and talks means he probably knows a fair share on energy.

Definitely moreso than other energy ministers we have had.

Protein Head go check the price of natural gas on the World market

Production volume. That post said anything about price?

Are you properly literate?

Protein Head , focus and survey and valuate ..

Google the price of natural gas .

You will see what Ramnarine & Imbertis talking about .

[ProtonPowder]

I trust Ramnarine a lil bit. The fact that the geological societies and the guyanese government keep asking him to give seminars and talks means he probably knows a fair share on energy.

Definitely moreso than other energy ministers we have had.

Protein Head go check the price of natural gas on the World market

Production volume. That post said anything about price?

Are you properly literate?

Protein Head , focus and survey and valuate ..

Google the price of natural gas .

You will see what Ramnarine & Imbertis talking about .

You really are special.
Imbert said that production is up, and they are not yet seeing the returns.

That post, from Ramnarine, addresses only the production figure.

[RedVEVO]

I trust Ramnarine a lil bit. The fact that the geological societies and the guyanese government keep asking him to give seminars and talks means he probably knows a fair share on energy.

Definitely moreso than other energy ministers we have had.

Protein Head go check the price of natural gas on the World market

Production volume. That post said anything about price?

Are you properly literate?

Protein Head , focus and survey and valuate ..

Google the price of natural gas .

You will see what Ramnarine & Imbertis talking about .

You really are special.
Imbert said that production is up, and they are not yet seeing the returns.

That post, from Ramnarine, addresses only the production figure.

Focus focus .. Protein Head

Stop the rum shop talk , stop the cyber bull and "hop my dick" talk ..

Get serious , focus focus .. survey and valuate .

Google the price of natural gas .