AMCHAM T&T says restrictions to curtail business and individual activity should be linked to specific triggers

AMCHAM T&T says restrictions to curtail business and individual activity should be linked to specific triggers

AMCHAM T&T President, Patricia Ghany, is calling for clear triggers to be established to determine different levels of response to control the spread of COVID-19.

Speaking at the Launch of AMCHAM T&T’s 24th Annual Health, Safety, Security and Environment Conference & Exhibition, she said that “for businesses to be able to bounce back or at least start planning for a recovery; predictability is required.

In a media release this afternoon, Ms Ghany said it is AMCHAM’s view that restrictions to curtail business and individual activity should be linked to specific triggers.

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With the projected contraction of the economy estimated at least negative 6.8 percent for 2020, according to the figures presented in the National Budget, AMCHAM T&T is concerned further or continued restrictions placed on business will have an even bigger impact on the nation’s economy will hinder long term growth and investment.

The AMCHAM T&T President outlined a path forward for the re-opening of the economy given the situation the nation experienced in March is not completely applicable to the current context.

She said AMCHAM T&T remains committed to working with the government on behalf of the business community on this issue so as to ensure the economy and the nation recovers from this pandemic.

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