T&T in recession

Trinidad and Tobago is in recession.

So said Opposition Leader Pennelope Beckles as she called yesterday for the immediate resignation of Finance Minister Davendranath Tancoo, accusing him of misleading the International Monetary Fund (IMF) about the true state of the local economy.

Launching an attack on the Kamla Persad-Bissessar Government during her nearly two-and-a-half-hour budget reply in Parliament, Beckles said contrary to the Prime Minister’s description of the 2027 national budget as “awesome”, it was “­awful”.