Caribbean Report 08-04-1993

Abstract

Trinidad and Tobago government met with commercial banks to pass the necessary legislation changing the foreign exchange act. The TandT Central Bank believes that the flotation of the TandT dollar will bolster foreign currency holdings in the country’s system and help the country’s manufacturing sector. A document issued by the central bank outlining the rationale for the move, and correspondent Tony Fraser does an economic analysis. Correspondent Mike Jarvis also speaks to Norman Girvan, President of the Association of Caribbean Economy about his analysis on the impact/effect of the OECDS floatation of the TTD. Correspondent Hugh Croskell conducts a concluding interview with retired cricketer Gus Logie who shares his thoughts on - his career choices, reflections, views on West Indies Test cricket and the future of the sport.