Moderator: 3ne2nr Mods
Habit7 wrote:Wow more provisions for parents to be away from their children. Just what this nation needs!
zoom rader wrote:In the EU they have programmes such as these. There is even paternity leave for fathers of new borns.Habit7 wrote:Wow more provisions for parents to be away from their children. Just what this nation needs!
Temporary road opened along Manzanilla stretch
December 23 2014
Motorists can now use the Manzanilla/Mayaro stretch, following the construction of a temporary road in the area.
Chairman of the Sangre Grande Regional Corporation, Terry Rondon spoke to 103FM News following the official opening of the roadway on Tuesday morning.
The temporary road, he said, runs alongside the damaged portion of the Manzanilla/Mayaro Road.
Mr Rondon, in commending the quick work by contractors, is hopeful that work will soon begin on the original roadway.
Just last week, the Works Minister said that only light vehicles would be able to use the temporary roadway.
Today however, Mr Rondon says even medium and heavy vehicles have access to the path.
http://www.103fm.net/temporary-road-ope ... a-stretch/
S&P affirms T&T’s investment grade rating
Aleem Khan
Published:
Wednesday, December 24, 2014
Standard & Poor’s Ratings Services (S&P) has affirmed its ‘A/A-1’ long- and short-term sovereign credit ratings on T&T. The outlook remains stable. “Our ‘AA’ transfer and convertibility assessment for T&T is unchanged,” S&P said. Giving its rationale, S&P said: “T&T’s net external asset position, low external vulnerability, and stable political system support the ratings. The country’s long-established parliamentary democracy and social stability should sustain political consensus on economic policies.”
The fate of the energy sector is tied to T&T’s prosperity and sovereign credit rating, S&P said.
“Rapid growth led by the energy sector more than doubled T&T’s per capita GDP over the last decade to a projected US$21,900 in 2014. The large energy sector sustains long-term growth prospects and provides substantial fiscal revenues that should allow the government to maintain moderate debt levels. The country’s average growth rate over the next four years is likely two per cent, depending largely on energy output and prices,” S&P said.
At the same time, the energy sector exposes the economy to terms-of-trade shocks. “Even though it accounted for less than four per cent of employment, it nevertheless contributed 43 per cent of gross domestic product (GDP) and 85 per cent of merchandise exports last year,” the ratings agency said.
Other sectors of the economy—whose expansion could help attenuate this vulnerability—are developing slowly, S&P said: The country’s public finances are therefore vulnerable to a prolonged and substantial drop in fiscal revenues from the energy sector. Such revenues have been about 17 per cent of GDP in recent years.”
“Recent shortcomings in official data have reduced economic transparency, especially in the country’s balance-of-payments. We estimate T&T’s gross external financing needs at just below 60 per cent of current account receipts (CAR) plus usable reserves on average for 2014-2016.
“We project the public sector, as well as the financial sector, will remain in a net external asset position in the coming four years. We project that narrow net external debt will exceed negative 100 per cent of CAR in the next three years and net external debt will exceed negative 140 per cent of CAR. Under our base case, T&T’s external position is likely to remain stable as current account surpluses balance capital account deficits.”
An additional credit strength is the government’s Heritage and Stabilization Fund (HSF), which holds fiscal assets of about 19 per cent of GDP invested abroad and should sustain long-term external and fiscal flexibility.
“We expect that the increase in government debt as a share of GDP will be about three per cent in the coming three years and general government interest payments will remain below ten per cent of revenues. Net general government debt (including central bank debt) is likely to be about 20 per cent of GDP.
S&P said the stable outlook reflects its expectation that T&T will “continue to enjoy a sound external profile thanks to persistent current account surpluses and largely local financing of the public-sector deficit. The increase in exploration activities in the oil and gas sector in recent years should sustain energy production over the coming decade, contributing to long-term economic growth.
“We expect that a moderate pace of GDP growth—two per cent on average—over the coming four years and limited fiscal deficits will lead to a stable or only modestly rising burden of government debt.” A sustained fall in global energy prices would hurt fiscal revenues, dampen GDP growth, and weaken T&T’s external liquidity, S&P said. Poor GDP growth could result in a rising general government debt burden, potentially exacerbated by unexpected contingent liabilities from public-sector enterprises. “
Failure to take timely and sufficient steps to address the deterioration of the country’s fiscal and external profile could result in a downgrade,” S&P said. Success in boosting energy exploration and production levels, as well as in enlarging downstream activities, could improve long-term GDP growth prospects. “That, along with steps to strengthen non-energy fiscal revenues, would gradually improve government finances and reduce the sovereign’s debt burden,” S&P said.
http://www.guardian.co.tt/business/2014 ... ade-rating
UML wrote:DOOM AND GLOOM!!!!!!S&P affirms T&T’s investment grade rating
Aleem Khan
Published:
Wednesday, December 24, 2014
Standard & Poor’s Ratings Services (S&P) has affirmed its ‘A/A-1’ long- and short-term sovereign credit ratings on T&T. The outlook remains stable. “Our ‘AA’ transfer and convertibility assessment for T&T is unchanged,” S&P said. Giving its rationale, S&P said: “T&T’s net external asset position, low external vulnerability, and stable political system support the ratings. The country’s long-established parliamentary democracy and social stability should sustain political consensus on economic policies.”
The fate of the energy sector is tied to T&T’s prosperity and sovereign credit rating, S&P said.
“Rapid growth led by the energy sector more than doubled T&T’s per capita GDP over the last decade to a projected US$21,900 in 2014.
http://www.guardian.co.tt/business/2014 ... ade-rating
killercow wrote:Just providing some stats leading up to the end of the year.
Source :http://www.ttcrime.com/stats.php
UML wrote:
For the idiot shakes.....costaatt campus Sangre Grande
And there was a mobile eye clinic in Sangre Grande as well
Habit7 wrote:UML wrote:
For the idiot shakes.....costaatt campus Sangre Grande
And there was a mobile eye clinic in Sangre Grande as well
That is POS COSTAATT
Minister Karim opens COSTAATT Campus in Sangre Grande
September 4, 2013:
“If you think education is expensive, try ignorance” said Senator the Honourable Fazal Karim, recalling a profound quote by Dr. Derek Bok at the formal opening of the College of Science Technology and Applied Arts of Trinidad and Tobago (COSTAATT) in Sangre Grande on Wednesday 4th September. This was his response to questions about the amount of money invested in education in Trinidad and Tobago.
Karim stated that for the first time ever in the history of the country, tertiary education has been brought to Sangre Grande, which according to the Human Atlas since 2008, has had the lowest rate of enrollment for Secondary and Tertiary education in the country. With the introduction of the Sangre Grande COSTAATT Campus, this will change. The new campus is also linked to the El Dorado Nurses Facility, where graduates of COSTAATT can further their training if necessary.
It was also revealed that subsequent to the 2013/2014 budget, COSTAATT will begin construction of a new main campus, on 30 acres of land in Chaguanas. The Minister also noted that Tobago will not be left behind and will experience the integrated campus of the University of the West Indies, the University of Trinidad and Tobago and COSTAATT.
Karim declared that his aim is to increase the participation rate in tertiary education to 60%. He stated that his aim is to not only focus on the participation rate, but also the graduation rate and finally the employment rate. “This is the only way we will reduce crime and criminality.” he stated, “By moving from education into employment.”
http://www.news.gov.tt/content/minister ... LThiCvF83k
Dial-a-teacher coming, says Dr Tim
‘It will help in preparation for CSEC and SEA’
Richard Lord
Published:
Friday, January 9, 2015
Education Minister Dr Tim Gopeesingh said Cabinet has approved an initiative to allow students to ‘Dial-a-Teacher’ to assist those in need of extra assistance in preparation for the Secondary Entrance Assessment (SEA) and Caribbean Secondary Education Certificate (CSEC) levels.
He said so during yesterday’s post-Cabinet news conference at the Office of the Prime Minister, St Clair.
He said students would be able to call a toll-free number “and connect with teachers specialised in various subject areas to receive tutoring and have problematic concepts explained.”
The minister added: “Alternatively, students can pose problems or questions to teachers on a blog and teachers, as well as peers, can respond appropriately.”
He said the teachers would be “housed at a central location of the Ministry of Education’s head office, which will be equipped with toll-free trunk lines provided by TSTT.”
Gopeesingh said the initiative “will allow students from all economically-challenged circumstances to access support from qualified tutors at no cost.”
He said suitable qualified and experienced teachers would be recruited to provide assistance and coach students to complete homework assignments.”
He said that also would be done at homework centres which were to be established soon across T&T.
Gopeesingh said teachers would assist at the SEA level in mathematics, English and language arts and at the CSEC level the subjects would be mathematics, English and integrated science.
The service would be available Monday to Thursday every week from 4.30 pm to 6.30 pm, he added.
He said the measure would be implemented and executed “between now and May.”
A proposal to have remedial teachers go to primary schools to assist Standard Five students in need of help also was approved by Cabinet, Gopeesingh said.
The minister also said Cabinet agreed to a proposal for the development and implementation of a comprehensive ICT solution “to enhance students’ outcome through e-books and an education intelligence solution.”
He said Cabinet also agreed to offer 250 scholarships to teachers in the existing Caribbean vocational qualification skilled areas.
Gopeesingh said the scholarships would be offered at the University of T&T (UTT), National Energy Skills Centre (NESC) and the Youth Training and Employment Partnership Programme (YTEPP).
They would be implemented in two phases, each of a two-year duration, Gopeesingh added.
A joint steering committee was to be established to monitor the programme, he said.
http://www.guardian.co.tt/news/2015-01- ... ays-dr-tim
UML wrote:PNM propaganda is to give the impression that the government is wasting money and giving handouts, so it brings to question what was the PNM doing during their time during oil booms? Pocketing the wealth?
If the PNM not giving.............the PNM taking!!!
Return to “Ole talk and more Ole talk”
Users browsing this forum: No registered users and 60 guests