Live Event: Finance Minister to seek approval to borrow $50B

With the announcement today by the Central Bank that Trinidad and Tobago was now in a recession, citizens should pay particular attention to the address, in Parliament this afternoon, of Finance Minister Colm Imbert. Imbert will be seeking Parliamentary approval to allow Government to increase its borrowing capacity by $50 billion. It is a move already being criticised by the Opposition but one the Government considers necessary in order to pay off debts and fund projects.