Aggregate producers urge Govt to use expected energy windfall wisely

The Trinidad & To­ba­go Ag­gre­gate Pro­duc­ers Al­liance (TTA­PA) is hop­ing the wind­fall ex­pect­ed by the Gov­ern­ment from high en­er­gy prices and ex­pect­ed rev­enues from gas projects in 2027 is used well to help re­sus­ci­tate the sec­tor and stim­u­late the econ­o­my.

In a fo­rum on Fri­day held at the Uni­ver­si­ty of the West In­dies, St Au­gus­tine cam­pus, en­ti­tled The Re­nais­sance Bud­get: Build the Econ­o­my Be­fore the Wind­fall, Pres­i­dent of the Trinidad and To­ba­go Ag­gre­gate Pro­duc­ers Al­liance Nigel Tenia said the Gov­ern­ment need­ed to use the wind­fall wise­ly as op­posed to sim­ply spend­ing to al­le­vi­ate im­me­di­ate eco­nom­ic stress.

“Let us plan so that the al­le­vi­a­tion is not a short-term win, but more of a mid to long-term vic­to­ry that the coun­try will ex­pe­ri­ence,” said Tenia, who al­so called on the Gov­ern­ment to ad­dress hur­dles the as­so­ci­a­tion faced with re­gard to do­ing busi­ness.