The Trinidad and To­ba­go Cham­ber of In­dus­try and Com­merce has ex­tend­ed con­grat­u­la­tions to Lar­ry Howai on his ap­point­ment as Gov­er­nor of the Cen­tral Bank of Trinidad and To­ba­go.

Gov­er­nor Howai pre­vi­ous­ly served as Min­is­ter of Fi­nance and has held ex­ec­u­tive roles in the bank­ing and fi­nan­cial ser­vices sec­tor. The Cham­ber stat­ed that his ex­pe­ri­ence po­si­tions him to lead the Cen­tral Bank at a sig­nif­i­cant pe­ri­od in the coun­try’s eco­nom­ic pro­gres­sion.

Ac­cord­ing to the Cham­ber, col­lab­o­ra­tion be­tween fi­nan­cial reg­u­la­tors and the busi­ness sec­tor re­mains nec­es­sary to ad­dress is­sues such as for­eign ex­change ac­cess, the mod­ern­iza­tion of pay­ment sys­tems, and sup­port for Small and Medi­um En­ter­pris­es (SMEs) and new in­dus­tries.

The Cham­ber ac­knowl­edged Gov­er­nor Howai’s record in strate­gic plan­ning, stake­hold­er com­mu­ni­ca­tion, and gov­er­nance as en­cour­ag­ing qual­i­ties for his role. The Cham­ber ex­pressed op­ti­mism about fu­ture en­gage­ment with Gov­er­nor Howai and the Cen­tral Bank.

The Cham­ber stat­ed that mon­e­tary pol­i­cy must re­main aligned with na­tion­al de­vel­op­ment goals. The or­ga­ni­za­tion in­di­cat­ed its will­ing­ness to pro­vide rec­om­men­da­tions and re­search to as­sist in pol­i­cy dis­cus­sions.

The Cham­ber re­it­er­at­ed its in­ter­est in con­tin­ued col­lab­o­ra­tion to im­prove the na­tion­al eco­nom­ic land­scape. It ex­pressed its in­ten­tion to sup­port Gov­er­nor Howai in ef­forts aimed at en­hanc­ing the fi­nan­cial en­vi­ron­ment for busi­ness and in­vest­ment.

The state­ment con­clud­ed with the Cham­ber of­fer­ing best wish­es to Gov­er­nor Howai as he takes on his new re­spon­si­bil­i­ties.