Devaluation Speeches By The Prime Minister Dr. The Rt. Hon. Eric Williams. Trade Dictates Devaluation Decision. Television and Radio Broadcast to the Nation, November 22, 1967

Title: Devaluation Speeches By The Prime Minister Dr. The Rt Hon. ERIC WILLIAMS. Trade Dictates Devaluation Decision. Television and Radio Broadcast to the Nation, November 22, 1987.
Author Williams, Eric Eustace,
Abstract: TRADE, MARKETS and a desire to avoid plunging the country into a serious crisis, which could lead to further extensive unemployment and hardship were the main factors which dictated that the Tdnidad and Tnbago dollar had to be devalued. The decision to devalue also prevents the incomes of cane farmers from dropping since our sugar would have been more expensive in Britain and would be uncompetitive against sugar from Commonwealth and other countries which had devalued.
Media Type : Publication
Collection Series:
Dr. Eric E. Williams Speeches
Holding Location: Ministry of Planning and Development, Library Services Division.
Publication Date: 1967
Place of Publication: Republic of Trinidad and Tobago
Page Count: 19 pages
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