Following Moody’s improvement of its credit rating for T&T, the Chamber of Industry and Commerce is making some suggestions for further improvement.

In Moody’s upgrade from stable to positive, it noted that a return to economic expansion as well as continued diversification efforts would enhance economic recovery.

However, the T&T Chamber says government also needs to address issues affecting contractors and suppliers awaiting long-outstanding payments, along with the obstacles to the ease of doing business.

Furthermore, it believes there is a need to focus on developing other hidden aspects of the economy, including the orange economy and the agriculture and fisheries sectors.

(Photo credit: Trinidad and Tobago Chamber of Industry and Commerce on Facebook)