T&T central bank governor warns of 3rd year of decline

(Trinidad Express) The local economy will register a third consecutive year of decline if the Government does not begin its infrastructure programme spending, Central Bank Governor Ewart Williams said on Thursday.

He was speaking at a media conference to discuss the Monetary Policy Report up to April, at the Central Bank Tower, Port of Spain.

“If the Government’s infrastructure programmes do not get on track, we could have another year of tepid performance. The hard facts are that in this economy, the push normally comes from