Home Tag "Alvin Hilaire"

Trinidad and Tobago Economy Continues To Adjust Slowly From The Decline In International Energy Prices Since 2014

Trinidad and Tobago Central Bank Governor Alvin Hilaire said this week that the domestic economy continues to adjust slowly to the terms of trade shock, as a result of the decline in international energy prices since 2014. This has translated into a reduction in foreign exchange inflows and an erosion of fiscal buffers. The resulting […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Trinidad And Tobago Must Achieve Global Compliance Standards If It Is To Avoid Being ‘De-Risked

A major issue that has emerged in recent years is the threat of the loss of correspondent banking relationships, particularly for small developing countries. Basically, it involves the growing tendency of some large banks in developed countries to end their ‘correspondent’ relationships with banks in smaller territories; such relationships allow financial transactions to be processed […]

How To Define The Standards of Your Services

Continuing Shortage Of Foreign Exchange In Trinidad And Tobago Hurting Business.

The Trinidad Guardian newspaper described 2016 as T&T’s toughest year since 1986, describing it as follows: “When the full blast of the economic downturn lashed the T&T economy in 2016, it left a path of battered bottom lines, workers on the breadline and a rolled-out carpet of uncertainty, ensuring a grim reality faced by most […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months