Home' Trinidad and Tobago Guardian : January 9th 2015 Contents A11
Friday, January 9, 2015 www.guardian.co.tt Guardian
ACHIEVE SUCCESS IN 2015 !
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for information and viewing.
27th December 2014.
Anyone knowing her
San Juan Police Station.
wanted for expanding Dental Practice.
Kindly bring application in person to
57 Ana Street, Woodbrook. 0108078
approximately $1B for the treasury of Trinidad
and Tobago. In delivering the budget state-
ment last September, the Minister of Finance
and the Economy indicated that the First
Citizens IPO added more than 8,000 new
investors, and that we were well on our way
to achieving the public policy objective of
the widest possible participation of all citizens
in share ownership.
This programme will continue with the
National Gas Company of Trinidad and Toba-
go Limited offering to the national community
49.0 per cent of the shareholding of the
Trinidad and Tobago NGL Limited, which
holds the 39.0 per cent shareholding of the
National Gas Company in Phoenix Park Gas
This will be the first ever listing of an
energy stock on the local stock market, giving
citizens a direct stake in our energy sector.
Education and Training
Your Government has also delivered
tremendous progress in the areas of education
and training. Pre-school education continues
to advance to universal access.
Secondary education is now fully supported
by a technology platform for all students in
Forms 1 to 5, over 96,000 laptops to students
and teachers and we have built over 80 schools
over the last four years.
Tertiary education and skills-training par-
ticipation has achieved a milestone of 65.2
percent enrolment and continues to grow
from the approximately 42 per cent in 2010.
And technical and vocational training now
affords more opportunities for skills devel-
opment, to more people, in more commu-
nities, and more disciplines than ever before.
Our vision remains, and we place a high
priority on ensuring that our nation s children
and young people have every opportunity
they need to build successful lives.
Infrastructure and Construction
Infrastructure development, rural enhance-
ment and construction are sectors that have
been able to absorb a significant amount of
A shift in our spending and investment
priorities will see a maintained focus on trans-
port and community infrastructure; rural
development and construction.
The Energy Corridor
The San Fernando to Mayaro Highway
remains a key investment for us to fully create
the energy corridor in the south where, for
decades, a great deal of our energy wealth
has been extracted and/or generated.
By providing a strong link between the
marine operations in the south east and the
industrial operations in the south west, we
will be securing energy for today, and for
future generations with the energy corridor.
Indeed, even as we shift priorities in Gov-
ernment spending, we fully appreciate the
need for strong and sustained social policies.
To maintain our goals of a better quality of
life for all, the system of support grants, senior
citizens pensions, the new minimum wage
and care support for new mothers will be
Further measures to ensure that greater
care is placed on managing us through this
period of adjustment include:
The Ministry of Finance and the Economy,
and the Central Bank will continue to work closely to
ensure that fiscal policy and monetary policy are cal-
ibrated and aligned, as an additional measure to preserve
stability. The Central Bank has also stepped up its
supervisory vigilance to respond to any emerging risk
to domestic financial stability arising from decreased
energy prices. I have instructed the Minister of Finance
and the Economy to collaborate with the relevant
stakeholders in our country to monitor the state of
the economy in the coming months and report on a
regular basis to Cabinet.
Fellow citizens, in four-and-a-half years, we have
managed the economy and our resources with great
care and dedication to ensure that our people and
country are always first. It is because we have the
experience and capacity to weather these challenges,
and because we have been here before, that we have
positioned the economy on a strong footing, that make
these commitments and assurances possible.
The adjustments in our priorities will continue to
create greater harmony between social progress and
economic advancement and we will successfully manage
the challenges and emerge stronger, together.
I am of the firm view that this is no time for sudden
changes in the direction of economic development
Such an approach will negatively impact your com-
fort, investor confidence, business expansion and
employment. I am also of the firm view that using a
period of challenges to promote fear and panic will be
irresponsible, and will have the impact of creating
problems where in fact no such problems exist.
We can withstand the lower oil prices and the right
Government is in place at the best possible time.
Since 2010, whilst the world reeled from recession,
this administration has curbed wanton spending and
redirected resources in the best ways.
This has kept us strong and progressive.
...Shift in priorities of Govt spending
Continued from Page A10
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