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The Eximbank’s failure to achieve its full mandate may have contributed to the dismissal of Navin Dookeran as Export Import Bank of T&T Ltd (Eximbank) CEO.
Planning, Economic Affairs and Development Minister and Minister in the Ministry of Finance Dr Kennedy Swaratsingh said the decision was ultimately up to the board, and he had little knowledge concerning the decision to remove Dookeran last Friday.
“What I can tell you is that the Eximbank is in need of revamping. Because, as you know, the former government used the Eximbank for a number of things, including increasing the categories of things that can be used or accessed through the Eximbank. So during COVID, they would have put in an essential category that they would have kept on even after COVID. So Eximbank was in need of updating and has to be updated,” said Swaratsingh when asked about Dookeran’s removal outside Parliament yesterday.
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