So it seems that there is a recession in Trinidad after all. Chutney Soca Monarch is one of the big events in Trinidad for Carnival season, but sponsorship money for this years show has been reduced by 25 percent.
The economic downturn in 2009 and the increase in costs for production were cited as reasons for the lackluster sponsorship.
Nevertheless, the Preliminary Chutney Soca Monarch will be held in Penal this Friday.
See Newsday story here.