In about two weeks, Prime Minister Stuart Young will host a follow-up meeting with the Bankers Association of T&T and the Central Bank.
According to Mr Young, the first meeting on Tuesday saw them discuss foreign exchange, namely forex access for average citizens, and the impact of the grey market and illegal activity on its availability.
Banking fees and service charges were also discussed – Mr Young says while banks have streamlined operations and reduced operational costs, this has not resulted in lower charges for customers.
Both BATT and the Central Bank are continuing discussions with the Finance Minister, with a follow-up meeting with the PM to be held on April 9th 2025.
Mr Young adds that meetings with the business community will be held after these initial meetings with the banking sector.
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