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DatabankJuly 1 2014

Finance minister looks to put Trinidad and Tobago on IFC map

Trinidad and Tobago finance minister Larry Howai tells Silvia Pavoni about his plans for the country's international finance centre, and explains why its improving legislative framework and educated workforce make the country stand out from its Caribbean peers.
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Finance minister looks to put Trinidad and Tobago on IFC map

The financial sector plays an important role in Trinidad and Tobago’s plans to diversify its economy, which is still heavily driven by oil and gas revenues. The country has ambitious goals not only to further strengthen financial businesses, but also to establish itself as an international financial centre. The ministry of finance, Larry Howai, explains why the newly created Trinidad and Tobago International Financial Centre (TTIFC) will create a long-term, sustainable source of wealth and employment for the country.

Q: What has been achieved by Trinidad and Tobago's financial sector so far?

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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