The Minister of Finance, Hon Colm Imbert, MP, has taken note of commentary in the mainstream media over the last two weeks regarding (1) the availability of foreign exchange, (2) the policy for distribution of foreign exchange, and (3) the exchange rate of the TT Dollar to the US Dollar and the question of floating or devaluing the dollar.

This media commentary and media recommendations/demands can be summarized as follows:
(a) To address difficulties being experienced by companies and individuals in gaining access to foreign exchange, the Government should allow the TT Dollar to float (i.e. devalue), because the IMF says so
(b) To address a perception of unfair distribution of forex, the Government should get directly involved in the distribution of foreign exchange and not leave it up to the Commercial Banks or the Central Bank
(c) The Government gave in to pressure from businessmen and the Express newspaper to resume the forex window at the EximBank for essential imports