PNM in Gov't(2015-2020)

[hydroep]

Live Stream:

[fatboy slim]

PNM is going to win the next election due to Mickela Panday's foolishness.

VOTE PNM1.jpg

[D Diesel Report]

PNM is going to win the next election due to Mickela Panday's foolishness.

VOTE PNM1.jpg

Thank god. It's about time the PNM get a proper chance to rule this land as their god given right.

[shake d livin wake d dead]

Wah imballs say?

[Rovin]

kamla dem do their sh1t & d population noticed it , while other voters had their minds poisoned by d poo nm during election after elections with constant feeding of "kamla dem teef out all d money so dise why d country ketching its asss to pay workers , get water , fix road etc .... so IMO with or without mikela party or whoever else : d poo nm still have d upper hand in any upcoming election ........

[hydroep]

A lot of it was regurgitation of what we've heard before. The rest...take with a grain of salt:

New Info:
*Projected growth of between 2-3% over the next three years.
*Expected increase in GDP which will (mathematically) drop the Debt to GDP ratio.
*Heritage and Stabilzation fund has increased in value.
*Waiver of Property tax to the end of 2017 (no retroactive tax)

Heard before:
*Exchange rate stability
*Clico issue almost cleared up
*Projects: Expansion of roads, Housing
*Revenue authority coming on stream

We not out of the woods yet:
*Increased oil prices means higher prices at pump (at $ 70 per barrel, Gas Subsidy is approximately $ 800M)
*Floating prices at the pump by year's end.
*Still about $ 10B deficit between budgeted revenues and expenditure (so basically not one arse has changed)

The funniest thing was the man want to claim astute management for the current low inflation rate. It eh have nothing to do with the fact that demand has been stifled because job loss and the rising cost of living have people penny pinching.

Grate is the Pee oN deM...

[RedVEVO]

2018 mid- year budget speech by Minister of Finance Colm Imbert

Madam Speaker, after a long and discouraging period of economic decline, we are now witnessing a welcome upturn. Early estimates are indicative of a growth forecast of 2.0 percent in 2018 and 2.2 percent in 2019, rising to 2.5 percent in 2020. And contrary to the negative commentary of uniformed spokespersons, who speak without having any facts, the turnaround is being
driven by economic expansion in both the energy and non-energy sectors.

http://newsday.co.tt/2018/05/10/2018-mi ... f-finance/

.. " We are moving into a period of long-term fiscal health .. "

Huh ?

[novastar1]

Any specifics in that speech today?

[The_Honourable]

You going to start seeing goodies October in the budget. Next year the government will sweeten the population up till 2020 elections.

[nervewrecker]

Plz mr imbert, doh touch gas prices. At least if you do then allow us to trade food for e85 with vene.

[RedVEVO]

Good move here

Foreign Exchange Facility:

.. " the US$100.0 million Eximbank Foreign Exchange Facility
is now operational with the grant to the Eximbank of a license by the Central
Bank to trade in foreign exchange. Eligible established and fledgling small
and medium-sized manufacturers would now be able to access the facility .. "

[airuma]

You going to start seeing goodies October in the budget. Next year the government will sweeten the population up till 2020 elections.

This was predictable..... saw at least 10 cepep workers at a short back-road this morning.... most of them were not working...... great is the PNM..... smh!

[Sundar]

Plz mr imbert, doh touch gas prices. At least if you do then allow us to trade food for e85 with vene.

Yes!

[RedVEVO]

Any specifics in that speech today?

Quick Summary:

It's basically a Macro Economic review . Energy Industries set to produce more - Oil $70 plus etc.
Same Tax Plan etc. Inflation is low. Employment level stable (5%) etc. But Petrotrin giving trouble to pay
taxes.

Now if PNM Row Administration could bring in other serious investors and control crime then PNM is 2020.

[The_Honourable]

CNC3 panel on the mid-term budget review

[No_Name]

Impse-bert speaks basically for the gullible and shallow minded citizens...

[pugboy]

We have had years of deficit budgets, i.e. Dipping into the piggy bank
Only when the piggy bank get back what was taken can you even begin to say you have recovered
And also kept expenses/Bobol down

As Mariano Browne said this week, this is the start of the next election campaign

[silent_riot]

Ban belly for 3-4 years, then bathe in milk and honey in the last 1-2. Election prep 101.

[zoom rader]

PNM fete start as from now.

PNM done win 2020 elections

Diggers jumping

[toyolink]

The Minister Of Finance just enjoys provoking people.
With things booming etc., I really hope he ready for Roget, Duke and business community.

[EFFECTIC DESIGNS]

years ago imbutt told one of his PNM crowds "when I speak the whole world listens"

[TriP]

mr patterson..

[randolphinshan]

Impsy have two facial expressions, that smug, kanty smirk, and unbridled joyousness at non-rioting policies.

Still alot better than Suruj tho, that is pressure to look at.

[randolphinshan]

PNM fete start as from now.

PNM done win 2020 elections

Diggers jumping

Yess ! Goodbye and good riddance to pee pee, forever.

[fatboy slim]

^^ empty vessels make the most noise like the pnm and their blind supporters ^^

[DTAC]

When you can go to the bank and get $3,000 US straight, then things getting better. Not this "happy days are here again" nonsense talk.

[fatboy slim]

imps burt is such an idiot insulting the citizens of t&t. Blind pnm supporters will be loyal.

[urbandilema]

That mid year was bogus yes...what he on plan to diversify whether agricultural manufacturing or even tourism...he ain't theif my head after this show...same talk..where all the gloom an doom...much i think they painting the picture so they can justify for any future mega projects and began to theif from the treasury

[urbandilema]

^^ empty vessels make the most noise like the pnm and their blind supporters ^^

Agreed they make the most yes

[The_Honourable]

Is how the man call out not one... but FIVE economists saying dey talking sheet

Colm told to focus on economy

UWI economist Dr Roger Hosein, former PNM government minister Mariano Browne and economist Indera Sagewan-Alli all condemned Finance Minister Colm Imbert’s attack on their credibility. Imbert made claims against them before the House of Representatives approved the Mid-Year Review around 1.39 am yesterday. He also criticised economist Marla Dukharan and former COP senator Dr Patrick Watson.

Hosein questioned how Imbert could associate any one of them with the United National Congress (UNC). “For myself, I was one of the harshest critics of the UNC as concerns GATE and CEPEP. Does this make me PNM,” he asked. Hosein said he presented at a recent Spotlight on the TT Economy hosted by the Government. “Does this make me PNM,” he asked again.

He added that he has been commenting on the economy since 2008. Hosein said he had received two small contracts under the People’s Partnership government, and Imbert’s claims that these were “multi-million-dollar contracts” are wrong. Saying he has no political interests and did not need handouts, Hosein said, “What I do have an interest in is the integrity of the numbers that the Minister of Finance raised.”

For her part, Sagewan-Alli said Imbert’s harsh criticism meant she is “doing something right.” She recalled being criticised by both PNM and UNC governments for her views on the economy, and described Imbert as a coward for attacking her credibility under the protection of parliamentary privilege. She said if Imbert is branding her as biased, then he should do the same with the IMF and Standard and Poors (S&P).

She described Imbert as “a magician” for presenting the figures he did. Doubting there was growth in the non-energy sector, Sagewan-Alli welcomed the opportunity to speak with Imbert about the low-hanging fruit and fruit that is dragging on the ground, to strengthen this sector.

Browne rejected Imbert’s claim that he was trying to prevent Government from retrieving $23 billion used in the Clico bailout. He recalled criticising the PNM and UNC for the very unprofessional way they handled this matter. Browne also reminded Imbert: “Numbers don’t tell a lie.”

Source: http://newsday.co.tt/2018/05/11/colm-to ... n-economy/