The private sector is welcoming Government’s focus on small businesses and non-energy growth, as T&T looks to reduce its reliance on energy revenues.
President of the Private Sector Organisation of T&T Rudolph Hanamji, says consistent tax measures and improved ease of doing business are critical to building investor confidence.
He praised the Finance Minister’s approach to support small businesses, economic diversification and a fairer, more consistent tax system.
Mr Hanamji said the organisation is working with Government to improve the country’s standing on the World Bank’s Business Ready Index and establish clear targets for a better business environment.