House of Representatives

Motions

Increase in Borrowing – Treasury Bills Act

- 1st Session - 8th Republican Parliament

WHEREAS it is provided by section 2(1) of the Treasury Bills Act, that the Minister of Finance may borrow in Trinidad and Tobago such sum or sums in the aggregate, two thousand million Trinidad and Tobago Dollars or the equivalent thereof in any foreign currency or currencies and such further sum or sums as may be specified by resolution of Parliament, or the equivalent thereof in any foreign currency or currencies, by the issue of Treasury Bills:

AND WHEREAS it is necessary for the Minister of Finance to borrow further sums of money for the purpose of facilitating the conduct of open market operations by the Central Bank of Trinidad and Tobago:

BE IT RESOLVED that for the purpose of facilitating the conduct of open market operations by the Central Bank of Trinidad and Tobago, the Minister of Finance is hereby authorised to borrow such further sum or sums in Trinidad and Tobago, not exceeding in the aggregate five thousand million Trinidad and Tobago dollars or the equivalent thereof in any foreign currency or currencies.

(By the Minister in the Ministry of Finance)

17 Jan 2003
Approved
House DebateHansard
3 speakersShow Speakers
1.The Honourable Kenneth Valley [Diego Martin Central] [Minister of Trade and Industry and Minister in the Ministry of Finance]
2.The Honourable Winston Dookeran [St. Augustine] [Opposition Member (UNC)]
3.The Honourable Kenneth Valley [Diego Martin Central] [Minister of Trade and Industry and Minister in the Ministry of Finance]
28 Jan 2003
Approved
Senate DebateHansard
5 speakersShow Speakers
1.Senator the Honourable Conrad Enill [Minister in the Ministry of Finance]
3.Senator the Honourable Mary King [Independent Senator]
4.Senator Brother Noble Khan [Independent Senator]
5.Senator the Honourable Conrad Enill [Minister in the Ministry of Finance]