As young adults, we all have financial goals, both short term (such as a travel trip) and long term (such as buying a car or house). In order to achieve these goals, we have to obtain sufficient funds, often done through savings.
An economy is only as strong as its human capital base. The correlation between an educated society and economic prosperity has always been positive and high, and has driven most countries to place investment in education at the forefront.
There has been no global event thus far that has had an impact on the tourism industry like the coronavirus pandemic. The shock that this international sector has faced as a result of the pandemic is unparalleled in nature.
As the 21st century has progressed, financial technology has evolved at a rapid pace in the world market system. With the recent development of cashless financial technology, particularly in the Global North, cash-based payments are becoming less prevalent.
A youth’s call for people to respect this informal means of saving and understand the need for financial institutions to accept it.
One of our contributors, Dana Sookdeo BSc, is currently pursuing her Masters in Economics and is particularly passionate towards the economic dynamic of Trinidad and Tobago. She has prepared this Post-Budget Analysis which is easy to read, comprehensive and visually pleasing for our readers to understand and continue to hold the government accountable.
Probably one of the most important Appropriation Bill’s in Trinidad and Tobago’s history will be read on Monday 5th October in Parliament by Finance Minister Colm Imbert. The start of the new decade has brought with it a global pandemic like none seen in recent history.
As COVID-19 continues to roam in Trinidad and Tobago, we face a great level of uncertainty regarding our country’s future economic stability. As young people, we can’t help but worry what this means for our personal, academic and professional futures.