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Business groups pleased with budget…

T& T Chamber 1

 The Trinidad and Tobago Chamber of Commerce (TTIC) says it is pleased with the $61.3 billion national budget delivered by Finance Minister, Larry Howai on Monday.

 

In a statement, the chamber maintained that crime, theft and corruption continued to be the largest hindrance to business in Trinidad and Tobago.

 

It stated that with Government’s spending of 3.3 per cent of the gross domestic product on national security, it expected to see further improvement in the area of crime reduction. 

AmChamMeantime, the American Chamber of Commerce (AmCham) has also commended the Government on the national budget.

AmCham in its review of the national budget 2013-2014, said its review of Trinidad and Tobago’s macroeconomic are positive, specifically with respect to the current level of the Heritage and Stabilization Fund (HSF).AmCham

AmCham noted that the overall revenue expectation in the energy and non-energy sectors articulated in the budget is an ambitious outlook.

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