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Trinidad & Tobago: Not Adding Up

Categories: Caribbean, Trinidad & Tobago, Digital Activism, Economics & Business, Environment, Governance, Ideas, Law, Politics

“Last month the record 2008-9 budget of nearly TT$50 billion was based on an assumed oil price of $75 a barrel. At the time, the price was well above that. A month later, it’s below $64. So even the richest economy in the Caribbean either has to make some serious cuts, or round up a pile of new money from somewhere”: Trinidad-based blogger Jeremy Taylor [1] tries to get a grip on the global financial crisis.