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Sunday, May 25, 2025

PM Young promises economic transformation; no devaluation of TT dollar

by

Shaliza Hassanali and Jesse Ramdeo
28 days ago
20250427
Prime Minister Stuart Young waves to supporters at the PNM's Big Red Rally at the Eddie Hart Savannah, Tacarigua, yesterday.

Prime Minister Stuart Young waves to supporters at the PNM's Big Red Rally at the Eddie Hart Savannah, Tacarigua, yesterday.

ROGER JACOB

Prime Min­is­ter Stu­art Young is promis­ing eco­nom­ic trans­for­ma­tion, no de­val­u­a­tion of the TT dol­lar and a brighter fu­ture for T&T with his vi­sion of a “Bold New Chap­ter”, as he warned Peo­ple’s Na­tion­al Move­ment (PNM) sup­port­ers not to vote for Kam­la Per­sad-Bisses­sar and the “crooked UNC ca­bal”.

He told the large gath­er­ing at the PNM’s ral­ly at the Ed­die Hart Sa­van­nah, Tacarigua, “It is your du­ty on Mon­day to go out and vote to save your coun­try.”

Young said the par­ty has a strong and vi­sion­ary plan for the fu­ture.

“A re­al plan. A bold plan. A plan not just built on dreams and hog­wash.”

When the PNM was vot­ed in­to of­fice in 2015, Young said, they in­her­it­ed a coun­try that was “hang­ing by a thread”, as bil­lions of dol­lars be­long­ing to tax­pay­ers had been squan­dered, in­sti­tu­tions wrecked and the trust in gov­ern­ment com­plete­ly bro­ken.

“It was not just mis­man­age­ment. It was a be­tray­al. It was a be­tray­al by those that had been tasked to gov­ern us. A coali­tion of mis­fits.”

Young said the UNC was re­spon­si­ble for that.

“The UNC led by who? Led by Kam­la Per­sad-Bisses­sar. She led a crooked ca­bal of gov­ern­ment.”

Young said the UNC brought shame to our coun­try, and “we say in one loud, clear voice, nev­er, nev­er again!”

As the PNM seeks its third term in of­fice, Young as­sured that un­der their watch the na­tion will pros­per.

“The Gov­ern­ment I lead, when you put us back in of­fice, will fight, as we fought for the last ten years to de­fend our dol­lar at 6.80, 6.90 to 1. That is what the PNM will do; we will not de­val­ue our dol­lar and go to a float.

“We se­cured an ad­di­tion­al 38 bil­lion dol­lars in rev­enue, and we se­cured our fu­ture by re­struc­tur­ing At­lantic LNG. That has nev­er hap­pened any­where in the world, and that is what the PNM has done for every cit­i­zen of Trinidad and To­ba­go.

“We se­cured, on your be­half, 56 and a half bil­lion dol­lars of for­eign di­rect in­vest­ment in the en­er­gy sec­tor alone. Do not lis­ten to their lies when they say noth­ing was done.”

Once elect­ed, Young said, they would not take away the se­nior cit­i­zen pen­sions from the el­der­ly. He as­sured that his gov­ern­ment would pro­vide safer com­mu­ni­ties “where crim­i­nals would face con­se­quences”, ed­u­ca­tion re­form, the use of tech­nol­o­gy, and young peo­ple would be pro­vid­ed with tools to suc­ceed and thrive. Young al­so called on par­ty sup­port­ers to dis­miss re­cent opin­ion polls sug­gest­ing a po­ten­tial loss for the PNM in the up­com­ing Gen­er­al Elec­tion.

“I have to warn Trinidad and To­ba­go against the false polls you’re see­ing on so­cial me­dia. The polls the PNM and me­dia are us­ing are AI. I have had some young peo­ple reach out to me telling me they were con­cerned, and then they re­mem­bered on PNM plat­forms in the last few weeks that we warned you, cau­tioned you and ad­vised you about their lies and mis­in­for­ma­tion.”

Mean­while, PNM leader Dr Kei­th Row­ley called on par­ty sup­port­ers to cast their votes in favour of the PNM in the elec­tion, not­ing that in­cum­bent Prime Min­is­ter Young is more fit for of­fice and lead­er­ship than UNC’s leader Kam­la Per­sad-Bisses­sar.

Dr Row­ley un­der­scored Young’s qual­i­fi­ca­tions and readi­ness to con­tin­ue ad­vanc­ing the coun­try.

“Stu­art Young is clear­ly very phys­i­cal­ly and men­tal­ly fit be­cause the Prime Min­is­ter’s job is a very stress­ful job, and you can’t hand it or shouldn’t hand it to any­one to deputise for you. The oth­er one, she is phys­i­cal­ly in­ca­pable and men­tal­ly un­fit.”

He lament­ed that dur­ing Per­sad-Bisses­sar’s tenure as prime min­is­ter, she of­ten al­lowed nu­mer­ous cab­i­net mem­bers to as­sume the role of act­ing prime min­is­ter dur­ing her ab­sence.

“Every time she left the coun­try, an­oth­er per­son in Cab­i­net was put to act as prime min­is­ter. Vir­tu­al­ly every sin­gle per­son in that gov­ern­ment, all 31 of them, had a ‘toosh’ in the of­fice of the prime min­is­ter.”

Row­ley cau­tioned par­ty sup­port­ers against com­pro­mis­ing the par­ty’s vi­sion and lead­er­ship when they take to the polls to­mor­row.

“If you want to leave a fit, in­tel­lec­tu­al­ly sound, en­thu­si­as­tic Stu­art Young and go and vote for de­crepit Kam­la, then that is your choice.”

Dr Row­ley al­so is­sued a stern warn­ing to vot­ers ahead of the elec­tion, cau­tion­ing that elect­ing the UNC could lead to the de­val­u­a­tion of the TT dol­lar. He said that de­spite the UNC dis­miss­ing the claim, the threat of the bur­den of price hikes dis­pro­por­tion­ate­ly im­pact­ing the most vul­ner­a­ble mem­bers of so­ci­ety was a re­al risk.


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