Tag: Budget
Budget 2011/12 – Signs of Hope or Distress?
17 October 2011
Now that you’ve had a week to reflect on Finance Minister Winston Dookeran’s budget statement, I’m certain there are still many questions you’d like answered: What does it really mean for T&T? What does it mean for me? Does it matter at all?
It should matter to every one of us. With this year’s growth seemingly range-bound between 1.40% – 1.70%, billions of excess bank reserves, and financial crisis quickly becoming the norm globally, I remain firm in my stance of opportunity amidst crisis. The question then remains: which slice of the pie (see chart below) benefits you as an investor?
Here we’ll focus on three sectors which can drive or at least facilitate economic growth: energy, capital markets and infrastructure. Read more…
