Even as his recent report on the performance of Trinidad and Tobago’s extractive industries point to a decline in their revenue, going forward, the country’ Energy and Energy Industries Minister Stuart Young, speaking at the virtual launch of the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI) report, covering the performance of 2018 has said that the country’s economy will continue to look to the energy sector as a “pillar’ in pursuit of the twin-island Republic’s economic recovery from the ravages of the coronavirus pandemic.
Speaking on Friday June 4 at the virtual launch of the report, Young dealt primarily with the challenges arising out of the pandemic and the roles which the extractive industries are expected to play in the country’s economic upturn, going forward. Young said in his virtual presentation that “the revenue from the energy and mining sectors will act as pillars to our economic recovery.”