We must diversify to survive

AI Summary

Trinidad and Tobago faces economic challenges due to its heavy reliance on the declining energy sector. Experts emphasize the urgent need to diversify the economy by developing export-driven industries to improve resilience against shocks.

No economy is immune to economic shocks. Trinidad and Tobago remains heavily dependent on the energy sector, an industry that has been in decline for decades. This is why we must urgently diversify our economy by developing export-driven industries and…