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Trinidad Records Windfall of More Than Eight Billion Dollars

PORT OF SPAIN, Trinidad – The Trinidad and Tobago government Monday said the country had recorded a windfall of more than eight billion dollars (One TT dollar=US$0.16 cents) as a result of the increase in prices for oil and energy products on the global market, but warned that the funds would not be used solely to pay one section of the population salary increases and arrears.

Prime Minister Dr. Keith Rowley at Monday’s news conference (CMC Photo)

Grenada is Seeking Help Financing the GRENLEC Electric Company

ST. GEORGE’S, Grenada – The newly elected government in Grenada has signaled its intention to seek a “strategic partner” to help finance the operations of the lone electricity company, GRENLEC, that continued to operate as a private company even though its majority shares had been re-purchased by the previous administration last year.

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