The Chamber of Industry and Commerce says it is unfortunate that much national attention is being focused on a comment made from the floor at its post-Budget forum on Tuesday, rather than on the substance of what was shared at that forum.
The Chamber has issued a statement urging all citizens to work together against the challenges the country currently faces.
The following is the statement by the Chamber:
The Chamber of Industry and Commerce says the Budget did not seem to aggressively address expenditure as it had hoped, nor did it address the mismatch between supply and demand for foreign exchange.
This formed part of the Chamber's assessment of the 2018 Budget presentation:
"The Trinidad and Tobago Chamber of Industry and Commerce is pleased that the Honourable Minister of Finance has recognised the urgent need for fundamental transformation at this critical time, when it can no longer be business as usual.
The Chamber of Industry and Commerce says the country must not lose sight of the larger national goals of diversifying and transforming the economy, despite the recent gas discoveries made by BpTT.
The Chamber issued a statement Monday calling for the country to stay the course even with the good news of the BpTT find.
The following is the Chamber's statement:
"The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) welcomes news of recent gas discoveries by BP Trinidad & Tobago (bpTT), with its Savannah and Macadamia exploration wells.
"The Trinidad and Tobago Chamber of Industry and Commerce was deeply saddened to learn today of the passing of Dr. Anthony N. Sabga, ORTT - businessman extraordinaire and patriarch of the Sabga family of Trinidad and Tobago.
We extend our sincerest sympathies to his family, close friends and relatives. Born in Syria in 1923, Dr. Sabga arrived in Trinidad with his family in 1930.
At just 14 years of age, he joined the family business on Queen Street, marking the beginning of his long and stellar career.
The Chamber of Industry and Commerce says the lost opportunity to construct the Angelin platform here in T&T, should concern all of the country.
The Chamber says it must be seen in the light of the need for economic activity and job creation.
The following is a statement issued by the Chamber today.
"The Trinidad and Tobago Chamber of Industry and Commerce firmly believes that the lost opportunity to have bpTT’s Angelin Platform built in La Brea should concern us all.
The Trinidad and Tobago Chamber of Industry and Commerce is calling for an urgent resolution to the problem involving the inter-island transport service.
The Chamber says there needs to be a quick solution to the transport of goods, services and people between the two islands as the Superfast Galicia ceases operations soon.
The Chamber has issued the following statement on the matters:
"It comes as no surprise to us, at the Trinidad and Tobago Chamber of Industry and Commerce, that the Superfast Galicia is being pulled from the inter-island transport service.