PM Persad-Bissessar Defends Plan To Divest Loss-Making State Enterprises
Politics
Business
Finance
October 15, 2026
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Prime Minister Kamla Persad-Bissessar SC is insisting that Government revenues must be used to benefit law-abiding, honest citizens and should not be used to provide welfare to failing State-run businesses.
In a social media post on Thursday, the Prime Minister defended Government’s plan to divest loss-making State Enterprises.
She claimed that Lake Asphalt went from having TT$279.34 million in cash reserves in 2015 to just TT$3,400 in 2025 under the previous administration.
Politics
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Finance
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