Strengthening Trinidad and Tobago’s Foreign Reserves holdings, spending on critical covid-19 related expenses, replacing expensive foreign debt with cheaper debt and supply of foreign exchange to manufacturers.
These are some of the areas which will be explored by the Ministry of Finance broad based team with the help of international financial experts to explore the best available options for the use of the US$644m of Special Drawing Rights to this country by the International Monetary Fund.
Minister of Finance, Colm Imbert, in the Senate Tuesday, was asked by Opposition Senator, Wade Mark, to provide details of the areas of public investment to which this sum will be committed.
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