Otto Carrington
Senior Reporter
otto.carrington@cnc3.co.tt
The new school term has opened under the shadow of foreign exchange shortages, with local booksellers warning that limited access to US dollars is leaving families struggling to secure textbooks.
Kelvin Nizam Khan, managing director of Ishmael M Khan & Sons, one of the country’s longest-standing textbook suppliers, said the crunch has left shelves thinner than usual.
“Foreign exchange has been very tight, so bringing in textbooks has been difficult,” Khan told the Guardian. “There’s some shortage. Who have, have, and who didn’t and couldn’t… we just weren’t sure what to bring in this year.”
He explained that late curriculum changes and lingering effects of COVID-19 made it difficult for booksellers to anticipate demand.
“Nobody could tell us whether we’re changing or not changing, and we just couldn’t take the chance to order because you didn’t have enough foreign exchange. So, we carried what we could have,” Khan said.
The shortage adds to the financial strain on parents already grappling with back-to-school costs for uniforms, stationery, and transport.
Despite the challenges, Khan expressed gratitude to the company’s loyal customers, crediting their support with helping the business weather tough times.
“I am very thankful for all our loyal customers who have come here through everything and supported us,” he said. “Things have been very difficult this year for a lot of people. With COVID, it got difficult for us, for everybody. We are trying to pull ourselves out, and all our customers are the ones who really help us get out of it.”
Meanwhile, the capital city was alive with activity this weekend as parents and children flocked to shoe stores, stationery shops, and bookstores in a last-minute rush to prepare for the new term.
In Port-of-Spain, retailers reported steady crowds and strong sales, describing the back-to-school period as one of the busiest times of the year.
Nadia Seenath, a sales clerk at Detour Stores, said the rush is driven less by procrastination and more by pay cycles.
“It’s very busy right now. It’s very consistent, so we are glad for that,” Nadia said, surrounded by shelves stacked with school shoes in every size.
“I don’t think it’s about people liking last minute. It’s how they get paid. Nobody with money will wait till last minute to shop, so you know.”
Despite the crunch, Nadia said her store was well-prepared, offering a wide selection of durable footwear for families.
The new school term officially begins tomorrow.