Prime Minister Dr. Keith Rowley Monday reiterated that Trinidad and Tobago would not be entering into any lending program with the International Monetary Fund (IMF) even as Barbados announced over the weekend that it is approaching the Washington-based financial institution for a new loan agreement.
Rowley noted that while some regional countries, most notably Barbados and Jamaica, had sought assistance from the IMF, in the case of Trinidad and Tobago, the government had taken the position that “we, even if we have similar difficulties, we will not use the IMF as a way out.
“We will make our own decisions and apply for our own medicine so as to have the flexibility of doing it the way we would like to do it and not have the pain of IMF impositions on us. That’s what happening in Trinidad and Tobago,” he told a news conference.
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