HOW IS T&T'S ECONOMY FEARING?

[pete]

The Dollar for Dollar system did not PENALIZE you for having enough money, it made everyone pay the same amount unless you really couldn't afford it at all, in which case they paid the full tuition.

I've benefited from both D4D and Gate and really I was more focused on school when I knew my parents were paying part of the tuition.

[kaylex]

this^

[Redman]

Fair isnt the issue-

If it was set up as a SOCIAL program then its a targeted program for those without the means.

The subsidy is a general benefit-not a social thing.

And frankly if you are in a position to afford it then why not pay your way???

As a matter of principle a multimillionaire shouldn't be taking advantage of any social programs.

[desifemlove]

Eh? GATE has restrictions...yuh can only sit 3 attempts wit GATE.

Doh see why people tink poor people cyah get no education lolol.....And they wanna keep crime low hehe..

[kaylex]

revolving loans is the way everyone who wants to access tertiary education could get.. and nothing wrong with that..
we hadda stop the freeness everywhere..
this welfare state business creates more dependency than anything

[kjaglal76v2]

GATE wud nvr get touched

why?

because besides benefittin students, it also benefits the owners of private institution like SAMS, SBCS etc & its these owner who help with party finance

[rabiesebola]

i say remove the gas subsidy and impose higher taxes on oil companies. the rich live to fabulous a lifestyle so let em sustain the country some more and buy a prado instead of a range rover. gate will promote the importance of education but i believe it needs to be regulated by more stringent pass levels. these 2 factors in my opinion will promote economic growth.

[Allergic2BunnyEars]

i say remove the gas subsidy and impose higher taxes on oil companies. the rich live to fabulous a lifestyle so let em sustain the country some more and buy a prado instead of a range rover. gate will promote the importance of education but i believe it needs to be regulated by more stringent pass levels. these 2 factors in my opinion will promote economic growth.

Gas companies may well decide to move their business elsewhere if taxes are raised on them. Just to get "successful" bid rounds for offshore exploration the GORTT had to change up the tax scheme to encourage companies to come in the first place after years of slow activity. Also removal of subsidy without an alternative means of cheap transport will not just affect the rich but more-so those who have limited income already.

[Redman]

i say remove the gas subsidy and impose higher taxes on oil companies. the rich live to fabulous a lifestyle so let em sustain the country some more and buy a prado instead of a range rover. gate will promote the importance of education but i believe it needs to be regulated by more stringent pass levels. these 2 factors in my opinion will promote economic growth.

Yes this makes sense.
Penalize one of the few sectors that working.
Make us less competitive internationally to attract new investment

[rabiesebola]

redman rememeber we have the pitch lake which is constantly expanding so what if we become less competitive? we need to rely less and less on oil and gas if we expect the economy to really thrive

[moving]

DIS is a Simple fix.. STOP corruption by Ceasing assets and den hang dem!!!!

the country will have plenty money after

[Redman]

redman rememeber we have the pitch lake which is constantly expanding so what if we become less competitive? we need to rely less and less on oil and gas if we expect the economy to really thrive

you eh fakin serious.

[Crescendo Dîáz]

Lots of e-conomiss here

[abducted]

Primary economic indicators are all down, the Central Bank said yesterday in its quarterly monetary policy announcement, as growth has slackened and inflation remains “sluggish” because of weak domestic demand.

After a bump in economic activity late last year and into the first half of 2018, spurred by BPTT’s Juniper and other energy projects coming on stream, growth has slowed, the bank said.

Following a “positive out turn in the first half of 2018,” the bank said production indicators in the third quarter showed declines. The year-on-year increase in natural gas production waned and several natural gas facilities shut down for maintenance within that three-month period. Crude oil production slipped and methanol output was also down because of repair work to plants.

The bank also said that preliminary non-energy indicators were also lower in the third quarter for 2018 compared to the same period last year, particularly construction and distribution.

While 2018 was not the best year in our post-independence growth performance, it was important because the economy returned to real gross domestic product growth after several years of negative, he said. But, he said, “The economy is dragging along and the state will have to find novel ways to revitalise it moving forward since the same strategies aren’t working. Repeatedly (advisers) have encouraged the state to move away from a narrow focus on gas-led growth to a broader based, sounder platform that is more sustainable. There are flashes of such efforts here and there and certainly the removal of the fuel subsidy is a sign of a government willing and able to make changes.”

https://newsday.co.tt/2018/12/29/tough-new-year/

[vaiostation]

I am soo shocked!!!
So taxing and firing people not working???

[airuma]

I ain't no economist but that article seems like hogwash to me.

[matr1x]

Its possible to slow down from a dead stop?

[bluefete]

Really? What is the current price of West Texas Intermediate oil?

I ain't no economist but that article seems like hogwash to me.

[l33t2]

I ain't no economist but that article seems like hogwash to me.

Lol wot? U live Trinidad? This has been the most dead Christmas season ever. Ask any businessman.

[neilsingh100]

I ain't no economist but that article seems like hogwash to me.

Lol wot? U live Trinidad? This has been the most dead Christmas season ever. Ask any businessman.

Next year not going to be any better but government needs to continue with restructuring the economy. Due to the lack of natural gas and the fact upstream companies not finding any new sources that economically viable to produce we need to rethink how the gas we have left is used so it would not surprise me if we scale back on LNG exports over the next few years which will lead to further declines in the economy.

[airuma]

I ain't no economist but that article seems like hogwash to me.

Lol wot? U live Trinidad? This has been the most dead Christmas season ever. Ask any businessman.

I agree with the "not looking good for 2019" part, the last part where "real gross domestic product growth" and linking removal of fuel subsidy to a government willing and able to make change are what bothers me.

[Cantmis]

Only if stuart agrees

[MaxPower]

And allyuh really feel 2019 Carnival slowing down?

[antlind]

The only thing that’s going to show positive growth in 2019 is crime. Sad but true.

[l33t2]

And allyuh really feel 2019 Carnival slowing down?

Nah as long as they have tusty men, girl could afford ticket to go fete.

[pjfred]

Kamla cause all ah this!
The next thing all yuh go say is black man cyah run nothing.

[ProtonPowder]

And allyuh really feel 2019 Carnival slowing down?

as long as island finance open and the credit unions giving character loans at 18% apr, carnival eh going nowhere

[paid_influencer]

"we jammin still" goh b pnm campaign song

[shake d livin wake d dead]

And men still spending thousands on fireworks, PDU moving strong....and well Paula said all is well

[EFFECTIC DESIGNS]

Just want to point out that other countries are making billions on legalized marijuana.

Unfortunately for us the dunce PNM thinks that we can live on oil forever. They doh want to try anything new, but no surprise if you look at who is the Finance Minister and the Prime Minister. Kings of Dotishness flock together