By Dr Selwyn R. Cudjoe
November 12, 2024
It was November 2016; the PNM had just won an election, and it was riding high. At a conference hosted by the Government and the International Monetary Fund, Finance Minister Colm Imbert explained why he had raised the price of fuel. He boasted: “I increased the price of fuel by 15% and then realised that was not enough. I came back again in April and raised it by another 15% and I came back again just a few weeks ago and raised it by another 15%. They haven’t rioted yet.” (Loop News, November 9, 2016.)
Continue reading Hubris goes before the fall