PM Rowley plans new policies for growth of the Country

Trinidad and Tobago:  PM of Trinidad and Tobago Dr Keith Rowley wishes New year to their citizens. He has something more than to say than just wishes. PM Keith Rowley discussed some strategies as well as present scenario of Country globally.

He said, “It is with a firm buoyancy that I extend New Year’s Greetings from the Government and my family, and myself as Prime Minister, The first of January 2021 is not just the start of the new year – but it is the day in which we begin to set out what we can see as a new beginning.”

Growth & Statistics of Country:

PM discussed some statistics that can stimulate economic growth of Country. He stated that “Nonetheless, the IMF’s World Economic Outlook projects a 5.1 percent growth in 2021, which is expected to level off at 3.5 percent in the medium term, It projects that Trinidad and Tobago will see a 2.6 percent economic growth this year, as compared to the -5.6 of 2020.”

According to reports, Income tax earners will also have a bit of a facility on their pockets. Anyone earning $7,000 per month or less will be free from income tax, as the personal tax allowance has been raised from $72,000 to $84,000. 

Emerging Innovations:

PM Keith Rowley’s plan of action affirmed that “The government, in its role, will be paying attention to emerging innovations, predicting future trends, attracting collaborations, facilitating the re-design of work processes and re-purposing of organisations.”

Food Supplies:

The government has also discussed food supplies and other strategies. He wrote, “With food security at the top of the list o and. Government has already approved a $500 million agriculture stimulus package for 2021, in addition to regular budgetary allocations. The use of digital technology in agriculture will be increased with a focus on decreasing our food import bill.”

In last but not at least he said,” Today we should invest in our children’s future, creating a society whose singular goal is to meet the needs of all of its peoples, through the creation of opportunities for all.”

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