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En­er­gy Min­is­ter Dr Roodal Mooni­lal has fired back at Prime Min­is­ter of St Vin­cent and the Grenadines Dr Ralph Gon­salves, re­ject­ing com­ments that Trinidad and To­ba­go’s cur­ren­cy is equiv­a­lent to “mo­nop­oly mon­ey.”

He did so as he out­lined a se­ries of en­er­gy ini­tia­tives aimed at re­build­ing T&T’s for­eign ex­change base.

Ad­dress­ing par­tic­i­pants at the en­er­gy sym­po­sium Re­ju­ve­nat­ing Our Ma­ture Fields and Basins at the Cara Suites Ho­tel yes­ter­day, Mooni­lal de­scribed Gon­salves’ re­marks as un­help­ful and point­ed to struc­tur­al re­forms and pro­duc­tion in­creas­es that the T&T Gov­ern­ment is un­der­tak­ing to re­verse the for­eign ex­change cri­sis.