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Prime Min­is­ter Stu­art Young has warned that if the Unit­ed Na­tion­al Con­gress (UNC) wins the up­com­ing gen­er­al elec­tion, the TT dol­lar could be de­val­ued to US$1 = TT$15.

He based his al­le­ga­tion on UNC’s eco­nom­ic pro­pos­als out­lined in their Na­tion­al Eco­nom­ic Trans­for­ma­tion Mas­ter Plan for 2020 to 2025.

Young was speak­ing at a rainy Har­ris Prom­e­nade, San Fer­nan­do, dur­ing a Peo­ple’s Na­tion­al Move­ment (PNM) pub­lic meet­ing on Wednes­day night. He re­vealed that he had con­sult­ed with Fi­nance Min­is­ter Vish­nu Dhan­paul, Min­istry of Fi­nance tech­nocrats, and in­de­pen­dent econ­o­mists to ex­am­ine the UNC’s plans.