The government is reporting good review so far from this country’s United States road show aimed at raising funds to finance spending for fiscal 2016.
Finance Minister, Colm Imbert, is leading the local delegation which left last Sunday.
The road show is targeted to raise US$1 billion through the sale of ten to 12-year international bonds in order to finance the fiscal budget 2016.
It’s an initiative supported by the Central Bank of Trinidad and Tobago.
Presentations will be made to premier international banks and investors during the period July 25th to 29th.
Minister in the Office of the Attorney General and Legal Affairs, Stuart Young, told reporters this afternoon updates he got from the US road show to date have been positive.
Minister Young added that the positive reviews are encouraging especially in these tough economic and financial times.