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Its another secret scholarship programMmoney607 wrote:So who get invited to the national youth awards? Real money spending on ads for that right now.
pugboy wrote:i see foster had a big party by hyatt last week too
that mydns seem to have unlimited budget
Mmoney607 wrote:As someone say in the next thread, PNM putting imbert and young to act as PM but you know if they needed to get a new political leader in the morning, it's either Cummings or Dolly
“When next you hear the authorities say Trinbagonians demand too much foreign exchange, we import too much ‘luxury’ items, we shop online too much, we use foreign credit cards too much, we travel too much, and we get blamed for all the foreign exchange problems in T&T, stop and think about this—for the past 12 years (2011-2023), over US$25 billion has gone missing from our country,” Dukharan stated in her latest Caribbean Monthly Economic Report.
“On average, over US$2 billion each year just disappears, and nobody has been able to account for it, ever. But have you ever seen this in the news?” she stated.
Using the International Monetary Fund’s global database for 2011-2022, Dukharan noted that the Errors and Omissions (E&O) item—meant to account for statistical errors in the balance of payments for T&T—shows a net outflow of US$23 billion that cannot be accounted for.
“This is about 77% the size of our economy (2022, IMF) and over US$16,000 per person. On a per capita basis, we are the world’s largest losers of foreign currency. Only 20 countries globally have lost more in absolute US dollars than we have from 2011-22, and only three countries—Djibouti, Liberia and the Marshall Islands—have lost more relative to GDP (Gross Domestic Product),” she stated.
...
“But if statistical weakness was the biggest explanatory factor, one would expect the E&O item to be a fairly random number— positives and negatives, large and small. But T&T’s E&O item has been consistently negative every year since 2011 (the earliest data available), meaning we have an undocumented net outflow of US dollars each year that we can’t account for. Furthermore, apart from 2012 and then 2020-21 (COVID?) the E&O item has consistently exceeded US$1 billon each year, the highest being US$4.8 billion in 2013. And this pattern in the data suggests that something else, apart from statistical weakness, is at play,” she said.
Dukharan said that T&T’s reserves declined by 48% from a US$11.5 billion peak in 2014 to US$5.98 billion in June 2024.
“In the absence of Government borrowing and withdrawals from the HSF (Heritage and Stabilisation Fund), T&T’s forex reserves would be only US$157 million in March 2024, which is roughly one week of import cover,” Dukharan stated.
paid_influencer wrote:strange article in the Express today“When next you hear the authorities say Trinbagonians demand too much foreign exchange, we import too much ‘luxury’ items, we shop online too much, we use foreign credit cards too much, we travel too much, and we get blamed for all the foreign exchange problems in T&T, stop and think about this—for the past 12 years (2011-2023), over US$25 billion has gone missing from our country,” Dukharan stated in her latest Caribbean Monthly Economic Report.
“On average, over US$2 billion each year just disappears, and nobody has been able to account for it, ever. But have you ever seen this in the news?” she stated.
Using the International Monetary Fund’s global database for 2011-2022, Dukharan noted that the Errors and Omissions (E&O) item—meant to account for statistical errors in the balance of payments for T&T—shows a net outflow of US$23 billion that cannot be accounted for.
“This is about 77% the size of our economy (2022, IMF) and over US$16,000 per person. On a per capita basis, we are the world’s largest losers of foreign currency. Only 20 countries globally have lost more in absolute US dollars than we have from 2011-22, and only three countries—Djibouti, Liberia and the Marshall Islands—have lost more relative to GDP (Gross Domestic Product),” she stated.
...
“But if statistical weakness was the biggest explanatory factor, one would expect the E&O item to be a fairly random number— positives and negatives, large and small. But T&T’s E&O item has been consistently negative every year since 2011 (the earliest data available), meaning we have an undocumented net outflow of US dollars each year that we can’t account for. Furthermore, apart from 2012 and then 2020-21 (COVID?) the E&O item has consistently exceeded US$1 billon each year, the highest being US$4.8 billion in 2013. And this pattern in the data suggests that something else, apart from statistical weakness, is at play,” she said.
whey d monrney gorne. 23 billion usd, where it gorne
Did they account for the USd sent to Ghana to buy yam ?The_Honourable wrote:paid_influencer wrote:strange article in the Express today“When next you hear the authorities say Trinbagonians demand too much foreign exchange, we import too much ‘luxury’ items, we shop online too much, we use foreign credit cards too much, we travel too much, and we get blamed for all the foreign exchange problems in T&T, stop and think about this—for the past 12 years (2011-2023), over US$25 billion has gone missing from our country,” Dukharan stated in her latest Caribbean Monthly Economic Report.
“On average, over US$2 billion each year just disappears, and nobody has been able to account for it, ever. But have you ever seen this in the news?” she stated.
Using the International Monetary Fund’s global database for 2011-2022, Dukharan noted that the Errors and Omissions (E&O) item—meant to account for statistical errors in the balance of payments for T&T—shows a net outflow of US$23 billion that cannot be accounted for.
“This is about 77% the size of our economy (2022, IMF) and over US$16,000 per person. On a per capita basis, we are the world’s largest losers of foreign currency. Only 20 countries globally have lost more in absolute US dollars than we have from 2011-22, and only three countries—Djibouti, Liberia and the Marshall Islands—have lost more relative to GDP (Gross Domestic Product),” she stated.
...
“But if statistical weakness was the biggest explanatory factor, one would expect the E&O item to be a fairly random number— positives and negatives, large and small. But T&T’s E&O item has been consistently negative every year since 2011 (the earliest data available), meaning we have an undocumented net outflow of US dollars each year that we can’t account for. Furthermore, apart from 2012 and then 2020-21 (COVID?) the E&O item has consistently exceeded US$1 billon each year, the highest being US$4.8 billion in 2013. And this pattern in the data suggests that something else, apart from statistical weakness, is at play,” she said.
whey d monrney gorne. 23 billion usd, where it gorne
The undocumented net outflow of US dollars each year is most likely physical cash that left our banking system, found its way in the underground economy and physically laundered out the country.
Dukharan alluded to it:
“But I am certain that it is purely coincidental that our E&O losses took off just when the previous Government introduced direct flights to Panama and London (reputed to be money laundering hotspots), and that our E&O losses were lowest during Covid-19 lockdowns when borders were closed. As with traffic jams and crime, we lose immeasurable precious time, effort, talent and perhaps even lives, navigating our nation’s US dollar shortage, created not by any error or omission but by successive governments’ deliberate and harmful policy choices.”
Ask Habit7 & WingsMASH wrote:Did they account for the USd sent to Ghana to buy yam ?The_Honourable wrote:paid_influencer wrote:strange article in the Express today“When next you hear the authorities say Trinbagonians demand too much foreign exchange, we import too much ‘luxury’ items, we shop online too much, we use foreign credit cards too much, we travel too much, and we get blamed for all the foreign exchange problems in T&T, stop and think about this—for the past 12 years (2011-2023), over US$25 billion has gone missing from our country,” Dukharan stated in her latest Caribbean Monthly Economic Report.
“On average, over US$2 billion each year just disappears, and nobody has been able to account for it, ever. But have you ever seen this in the news?” she stated.
Using the International Monetary Fund’s global database for 2011-2022, Dukharan noted that the Errors and Omissions (E&O) item—meant to account for statistical errors in the balance of payments for T&T—shows a net outflow of US$23 billion that cannot be accounted for.
“This is about 77% the size of our economy (2022, IMF) and over US$16,000 per person. On a per capita basis, we are the world’s largest losers of foreign currency. Only 20 countries globally have lost more in absolute US dollars than we have from 2011-22, and only three countries—Djibouti, Liberia and the Marshall Islands—have lost more relative to GDP (Gross Domestic Product),” she stated.
...
“But if statistical weakness was the biggest explanatory factor, one would expect the E&O item to be a fairly random number— positives and negatives, large and small. But T&T’s E&O item has been consistently negative every year since 2011 (the earliest data available), meaning we have an undocumented net outflow of US dollars each year that we can’t account for. Furthermore, apart from 2012 and then 2020-21 (COVID?) the E&O item has consistently exceeded US$1 billon each year, the highest being US$4.8 billion in 2013. And this pattern in the data suggests that something else, apart from statistical weakness, is at play,” she said.
whey d monrney gorne. 23 billion usd, where it gorne
The undocumented net outflow of US dollars each year is most likely physical cash that left our banking system, found its way in the underground economy and physically laundered out the country.
Dukharan alluded to it:
“But I am certain that it is purely coincidental that our E&O losses took off just when the previous Government introduced direct flights to Panama and London (reputed to be money laundering hotspots), and that our E&O losses were lowest during Covid-19 lockdowns when borders were closed. As with traffic jams and crime, we lose immeasurable precious time, effort, talent and perhaps even lives, navigating our nation’s US dollar shortage, created not by any error or omission but by successive governments’ deliberate and harmful policy choices.”
Yup where are those PNM coward ķunts of Habit7 & Wing.sMASH wrote:Love is lovely
Blogging allowance could afford a real Rolex.zoom rader wrote:Yup where are those PNM coward ķunts of Habit7 & Wing.sMASH wrote:Love is lovely
Spending lies & propaganda under pnm blogging allowance
Investments leads to a lil indulgence.wing wrote:Blogging allowance could afford a real Rolex.zoom rader wrote:Yup where are those PNM coward ķunts of Habit7 & Wing.sMASH wrote:Love is lovely
Spending lies & propaganda under pnm blogging allowance
1.Yes Petrotrin always made a profit see pic.wing wrote:AV vindicated. Kamla lie. Republic bank post record profits. Paria post record profits. Construction industry booming. Fake Rolex sales booming. Vote back the PNM.
Yeahmero wrote:Have a green kit to rock with the roley or wa zoom? I would loose out the ponytail and rock a centre part
Jubilee oil discovery=fake oil. Watch bought in Panama airport duty free=fake Rolex.zoom rader wrote:1.Yes Petrotrin always made a profit see pic.wing wrote:AV vindicated. Kamla lie. Republic bank post record profits. Paria post record profits. Construction industry booming. Fake Rolex sales booming. Vote back the PNM.
2.AV still sold fake oil.
3.Republic Bank is private owned, I know i am a shareholder.
4. Construction industry is short-term and not stable employment.
5. Fake Rolex, enjoy the pic
Kick PNM out
shake d livin wake d dead wrote:Minister's nephew granted $200,000 bail on drug trafficking charges.
33-year-old Michael Gopee, the nephew of Trade Minister Paula Gopee-Scoon, appeared before a High Court Master charged with possession of marijuana for the purpose of trafficking.
Gopee was held by Central Division officers at Flower Pot Beach in Point-a-Pierre allegedly in possession of 1.057 grams of marijuana on Saturday 3rd August 2024.
In 2023, Gopee appeared before a Couva Magistrate on 9 charges, which included possession of ammunition and threatening to kill police officers.
No Son, buying a Rolex in any airport means ur a frequent flyer and the Sales rep know u personally. You dont just walk in to any Rolex store and buy a time peice , they will never sell you. Sales reps aren't allowed sell to people they dont know.wing wrote:Jubilee oil discovery=fake oil. Watch bought in Panama airport duty free=fake Rolex.zoom rader wrote:1.Yes Petrotrin always made a profit see pic.wing wrote:AV vindicated. Kamla lie. Republic bank post record profits. Paria post record profits. Construction industry booming. Fake Rolex sales booming. Vote back the PNM.
2.AV still sold fake oil.
3.Republic Bank is private owned, I know i am a shareholder.
4. Construction industry is short-term and not stable employment.
5. Fake Rolex, enjoy the pic
Kick PNM out
Kick Kamla out.
Ma nikkaaa.zoom rader wrote:Yeahmero wrote:Have a green kit to rock with the roley or wa zoom? I would loose out the ponytail and rock a centre part
Green Jordan 4s
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