24.02.2015 - Howai: No HSF deposits this year
There will be no deposits to the Heritage and Stabilisation Fund (HSF) for this year. This has been confirmed by Finance Minister Larry Howai who told Guardian Media Limited who explained that because the price of oil has fallen below the price identified in the national budget, “there will be no room to make any deposits this year.” Over the past 42 years that T&T has been exporting oil and gas, billions of dollars have been earned in revenue which has been used for many of the social and infrastructural projects the country benefits from today...............................................Full Article: Source
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