Gov­ern­ment is look­ing at new ways to ease for­eign ex­change short­ages, al­though of­fi­cials say the mea­sures will not in­crease the over­all sup­ply of US dol­lars. Se­nior min­is­ters and the Cen­tral Bank met with en­er­gy sec­tor rep­re­sen­ta­tives on Fri­day to dis­cuss im­prov­ing how for­eign ex­change is al­lo­cat­ed across the mar­ket.

Cen­tral Bank Gov­er­nor Lar­ry Howai met with Fi­nance Min­is­ter Dav­en­dranath Tan­coo, Plan­ning, Eco­nom­ic Af­fairs and De­vel­op­ment Min­is­ter Kennedy Swarats­ingh, En­er­gy and En­er­gy In­dus­tries Min­is­ter Dr Roodal Mooni­lal and key en­er­gy sec­tor stake­hold­ers on Fri­day to dis­cuss pos­si­ble mea­sures.

The Cen­tral Bank said dis­cus­sions fo­cused on short-term ini­tia­tives to im­prove the ef­fi­cien­cy of for­eign ex­change al­lo­ca­tion and ease cur­rent mar­ket con­straints.