Diversification Required

December 2007 | Ratings Update

The President of Trinidad & Tobago, George Maxwell Richards, has warned of the potential pitfalls of the country's dependence on it energy sector. In an address to members of the Chamber of Commerce, the head of state underlined the need to invest in economic and social growth from 'human intellect' not just 'petroleum and gas reserves'. This chimes with our view that social reform will be a key concern for the Manning administration. During his campaign, Prime Minister Patrick Manning highlighted food security, the fight against crime, greater economic diversification, the creation of new wealth and more jobs, and keeping

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