(Trinidad Express) The International Monetary Fund (IMF) has told Government it may have to pay local contractors billions of dollars owed to them if it wants to bolster confidence in the economy. A team from the Washington DC, US-based organisation met with People’s Partnership Government officials in Port of Spain during the past two weeks to review economic and financial developments and discuss economic prospects.
At the end of the meetings, the IMF team, headed by Judith Gold, deputy division chief in the IMF’s Western Hemisphere Department, issued a statement on Monday which cited a number of factors,
