IDB: Venezuelans will boost T&T economy

  • The Inter-American Development Bank (IDB) became the first major multilateral lender to openly support the Trinidadian government’s registration of Venezuela migrants, saying over the weekend, the enlarged labor force will boost the economy.
  • The registration will result in successful Venezuelans receiving a one-year exemption from work permit restrictions.
  • In the IDB quarterly bulletin released Friday, IDB staffers Zubin Deyal and Lodewijk Smets said: “Increasing migration has been met with amnesty.
  • Trinidad and Tobago’s migrant population is steadily increasing following the intensifying crisis in Venezuela.

 (Source: Trinidad Express)