Monday, January 2, 2012

Should We Benchmark Against Trinidad and Tobago?



The Prime Minister thinks we should. I don't. See although T&T started at about USD5,000 per capita just like us when Ramgoolam II first became PM, they now roughly have twice our income level per Mauritian. Higher oil prices since then must have helped given that in T&T oil and gas accounts for 40% of GDP and 80% of exports. This could explain why it clocked a 12.6% growth rate in 2006. Something Ramgoolam won't tell you.

Just like he was bragging about having a higher growth rate than Singapore back in 2008 but stopped talking about the South East economic dynamo when the Tiger rebounded out of recession with a 14.5% growth rate in 2010. He then started talking about Greece. Seems that he always looks for countries that happen to do worse than us at one point in time. Which is fine though because you are watching Pyongyang TV. 

5 comments:

bamzzz said...

Wjy is he comparing us with greece and TT? MEDIOCRITY ATTRACTS MEDIOCRITY... BTW, Lee is making his policies with only 15 people in cabinet and a 36% decrease in salary. A bon entendeur salut...

Sanjay Jagatsingh said...

Mediocrity? You're being nice. Maybe because he got so many MMM into the Labour Party.

akagugo said...

Wai, T&T ena boukou pwin commun ar nou (esklav & kouli, klima, etc), mé Docterr-Mettr contan kwarr ki kapav compar pom ar zoranz.
Ki-sann-la pom, ki zoranz, go figure... :-)

Sunghoon Kreepalloo said...

Mo panse li kwar tu dimoun kuyon e
boku de fois li ena rezon

bamzzz said...

Maybe because he got so many MMM into the Labour Party... The true labourites like sir kher, SVR,SSB,Harold Walter who epitomized elegance both in speech and action is extinct in labour... Sometimes when i listen to their CDP, I think of wind turbines generating wind...