Andrea Perez-Sobers
Senior Reporter
andrea.perez-sobers@guardian.co.tt
Trade and Industry Minister Paula Gopee-Scoon yesterday used part of her budget contribution to show how food imports dropped between 2015 and 2o23.
Speaking yesterday in the Lower House, Gopee-Scoon said according to data from the Central Statistical Office (CSO) several major food items declined between 2015 and 2023.
“Meat and meat preparations in 2015, 52 million kilograms, in 2023 it went to 41 million kilograms a 21 per cent decline. Fruits and vegetables in 2015 140 million kilograms and in 2023 130 million, a drop of seven per cent. In 2015, dairy products and eggs 39 million, in 2023, 31 million, which represents a six per cent decline,” she read out.
Gopee-Scoon noted that the decline in the volume of imported goods, coupled with the consistent rise in local food manufacturing is clear evidence of the shift towards buying locally and producing food.
Giving details about new local products, the minister cited an example of ghee from the company Farm Fresh Dairy Products which is currently sold in 95 per cent of all puja stores.
“We are going to help this company expand so that we can have a local substitute available. I encourage all citizens to buy this Divali. Existing businesses such as Arawak are now manufacturing locally made chicken nuggets from real chicken breast meat and are suppliers to large franchises such as KFC, Popeye’s, and Churches. A prime example of import substitution," Gopee-Scoon explained.
However, Sunday Guardian’s article stated that T&T’s food import bill is now the highest it has ever been at $7.3 billion.
In budget 2025, Finance Minister Colm Imbert said efforts to address food security remain a top priority as the Government had established a food security and food prices committee to tackle the multifaceted issue of rising food prices and ensure adequate access to affordable and nutritious food.
Gopee-Scoon rubbished the continuous claims by the Opposition that the Government has done nothing to make basic food more affordable.
"Even in a period of declining revenues, since 2015, every year the government has gotten a suspension of the CET (common external tariff) on several basic food items, including canned corned beef, sardines and tuna, cheddar cheese, canned tuna, black tea, canned sardines, and pharmaceuticals, with revenue foregone of over $1.1 billion, making these goods cheaper and providing savings to all consumers."
She outlined that CET occurs at the level of Caricom's Council for Trade and Development, which deliberates on the tariffs on different commodities entering the region.
On the topic of VAT, she clarified the Opposition’s claim that it removed VAT on “7,000 food products," when it formed the Government between 2010 and 2015.
She said the 7,000 items do not refer to individual food items, but rather supermarket units or SKUs which include variations in flavour, packaging, size, and brand of a limited range of products.
“If we take for example juices, they are counting each variation in size of the packaging, each flavour, and each brand separately, yet it is still one product - juice. They continue to hoodwink the population. The VAT-exempt list is designed to support the poor and the vulnerable in society. It was not meant to buffer those with greater purchasing power. As a result, this Government sought to bring the VAT-exempt list back to its original moorings by removing luxury food items such as dates, artichokes, and maraschino cherries.” the minister detailed.