Tuesday, December 24, 2024
spot_img
spot_img
HomeBusinessEconomyTrinidad and Tobago economy at great risk

Trinidad and Tobago economy at great risk

Dear Sir

From the start of the health crisis, the political leader of the United National Congress (UNC) and leader of the opposition Kamla Persad-Bissessar has urged the government to preserve lives and livelihoods and to implement plans that would mitigate the economic impact of the pandemic.

On Saturday, prime minister Dr Keith Rowley insisted that decisions on further opening up of the economy would be driven by science, however, testing levels remain abysmally low.

Prime minister Dr Rowley was at pains to point out examples of other countries where early easing of restrictions led to the dreaded “second wave” of the coronavirus. However, in all of the examples given widespread testing was done, as well as contact tracing. To date, Trinidad and Tobago remain reliant on one laboratory for testing.

Once again, it seems that the government is making policy on the fly, with no cohesive plan to restart the economy, preserve jobs, or provide assistance to the vulnerable in our society. The prime minister offered no words of hope or comfort for those affected by the pandemic.

The announcement of another grant for Maxi Taxi drivers and their owners in the value of $2,000.00 is all well and good, however, there are thousands of citizens still yet to receive their promised salary relief grants.

Since being announced in March, according to the government’s reports, only 12,000 persons have been able to access the $1,500 grant. By his admission, the delivery of grants has been bogged down in red tape but has done little to fix the problem. In the meantime, thousands of families are unable to feed their families.

The vast majority of citizens who work in the private sector have been home without any financial support for well over two months now. Given that the ministry of health has produced guidelines for safe work practices for all industries, why are businesses not allowed to reopen under these guidelines?

The UNC is aware that navigating our country out of the danger presented by COVID-19 will be difficult, but it requires innovative thinking and political will.  We have presented our plan for economic stabilization and job creation post-COVID-19, and we encourage everyone to review the policies and programmes at http://uncplan2020.com/

Senator Anita Haynes

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Central Bank of Trinidad and Tobago: Monetary policy report

November 2024 VOLUME XXVI NUMBER 2 PORT- OF- SPAIN, Trinidad - The Central Bank of Trinidad and Tobago conducts monetary policy geared towards the...

Global News

Invest Taiwan greenlights nine companies’ projects  

TAIPEI, (Taiwan Today) - Investment proposals of nine corporations have been approved by the interministerial organization Invest Taiwan December 19-20, 2024, highlighting the government’s...