Minister of Finance Colm Imbert is confirming that World Bank officials are in Trinidad and Tobago helping and advising his government on several pressing matters, including a review of expenditure. Minister Imbert yesterday said the bank is advising in all key areas of government activity and spending on education and national security among others.

At the Post Cabinet News Conference, Minister Imbert told journalists the recent downgrade of Trinidad and Tobago’s economy my Moody’s Investors Service was a hard pill to swallow. Minister Imbert said the team from the IMF and the World Bank returned with him from Washington earlier this week.