the payments system in trinidad and tobago - Central Bank of ...
the payments system in trinidad and tobago - Central Bank of ...
the payments system in trinidad and tobago - Central Bank of ...
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FOREWORDExternal communications are an important part <strong>of</strong> <strong>the</strong> bus<strong>in</strong>ess<strong>of</strong> <strong>the</strong> <strong>Central</strong> <strong>Bank</strong> <strong>of</strong> Tr<strong>in</strong>idad <strong>and</strong> Tobago. The <strong>Bank</strong>’s outreach<strong>in</strong>itiatives are <strong>in</strong>tended both to enhance its contribution to educat<strong>in</strong>g<strong>and</strong> <strong>in</strong>form<strong>in</strong>g <strong>the</strong> public generally, as well as to assist markets <strong>in</strong>underst<strong>and</strong><strong>in</strong>g <strong>the</strong> <strong>Bank</strong>’s policy actions <strong>and</strong> <strong>in</strong>tentions.In addition to <strong>the</strong> regular publications <strong>of</strong> its Research Department,<strong>the</strong> <strong>Bank</strong>’s Outreach Programme has <strong>in</strong>cluded lectures <strong>and</strong>speeches to school children by senior <strong>Bank</strong> <strong>of</strong>ficials, mentor<strong>in</strong>g toundergraduate students <strong>and</strong> support<strong>in</strong>g an <strong>in</strong>ternship arrangementwith <strong>the</strong> University <strong>of</strong> <strong>the</strong> West Indies.This public education series is also a part <strong>of</strong> <strong>the</strong> Programme.Its <strong>in</strong>tention is to provide <strong>in</strong>formation on topics <strong>and</strong> policies thatare relevant to <strong>the</strong> management <strong>of</strong> <strong>the</strong> economy <strong>of</strong> Tr<strong>in</strong>idad<strong>and</strong> Tobago. The world <strong>of</strong> bus<strong>in</strong>ess <strong>and</strong> trade is a fast-paced,ever-chang<strong>in</strong>g <strong>and</strong> challeng<strong>in</strong>g one <strong>and</strong> <strong>the</strong> tools <strong>of</strong> knowledge <strong>and</strong><strong>in</strong>formation must be strategically used to navigate it.This pamphlet series is geared towards a broad readership. Itis likely to be a good source <strong>of</strong> <strong>in</strong>formation for students at <strong>the</strong>secondary <strong>and</strong> tertiary levels, pr<strong>of</strong>essionals <strong>and</strong> o<strong>the</strong>r members<strong>of</strong> <strong>the</strong> public who are <strong>in</strong>terested <strong>in</strong> <strong>in</strong>creas<strong>in</strong>g <strong>the</strong>ir knowledge <strong>of</strong>economics <strong>and</strong> bus<strong>in</strong>ess.Each pamphlet will cover current <strong>and</strong> topical issues <strong>and</strong>expla<strong>in</strong> new economic <strong>in</strong>itiatives. In <strong>the</strong> series, every effort willbe made to present <strong>the</strong> material <strong>in</strong> as non-technical a manner aspossible while adher<strong>in</strong>g to sound economic analysis <strong>and</strong> <strong>the</strong> highesteditorial st<strong>and</strong>ards.The Payments System <strong>of</strong> Tr<strong>in</strong>idad <strong>and</strong> Tobago