Trinidad and Tobago prime minister ridicules central bank’s migrant figures

Acting PM says he has “no idea” how central bank estimated cost of Venezuela crisis

venezuela-crisis-impacts-neighbouring-countries
Venezuela's economic collapse has driven many of its nationals to leave the country

Trinidad and Tobago’s acting prime minister forcefully rejected the central bank’s estimates of the cost of the Venezuelan migrant crisis on May 29.

At the launch of the central bank’s financial stability report the day before, governor Alvin Hilaire said the costs of combating the migration crisis was T$620 million ($91 million), according to a report in local news outlet Newsday.

The governor said it would be a “hit to the budget”, which is estimated to be around T$55.5 billion for 2019.

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