TRINIDAD: 'Overseas investment could fuel FX shortage'
published: Friday | April 7, 2006

TRINIDAD (CMC):

A top businessman in Trinidad and Tobago has suggested that the foreign exchange shortage in the twin-island republic could be that businessmen are investing overseas so that they could leave the country at a moment's notice.

This suggestion comes from Paul Quesnel, the re-elected president of the Trinidad and Tobago Manufacturers' Association (TTMA), who was addressing a forum on Wednesday at which he explained this was so because of the present crime situation in the country.