Thursday, May 7, 2009
Trinidad and Tobago Finance Minister, Karen Nunez-Tesheira, has expressed her confidence that her country does not need to access any funding from the International Monetary Fund (IMF) due to its relatively strong position in spite of the international financial crisis.
She said that the IMF and the World Bank dealt with the international financial crisis at length, as she noted that Trinidad finds itself in what she called "the happy circumstance" because of the way the government has managed the economy, having "all our macroeconomic fundamentals to be very strong".
"All of those indicators are very strong, so Trinidad and Tobago would not qualify for that kind of funding support, Nunez-Tesheira said.
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