Trinidad & Tobago govt sacks PIO central bank guv

Jwala Rambarran, the Indian-origin central bank governor of Trinidad and Tobago, has been removed for being “discourteous” to the government by making public details about foreign exchange and recession. 

The 47-year-old embattled governor, the second person of Indian-origin to get the nod for this position, was in controversy after he announced on December 4 that the twin- island republic is officially in a recession and disclosed the names of companies that are the biggest foreign exchange buyers. 

Acting president Christine Kangaloo signed off on the dismissal in the absence of President Anthony Carmona who is overseas. “The Cabinet took the decision after very careful deliberations,” Minister of Finance Colm Imbert was quoted as saying by caribbean360 as saying.