The Tobago business community is calling for issues between the Tobago House of Assembly and the Central Government to be resolved for the benefit of Tobago and its economy come 2024.
The chamber also has high expectations for major projects from the THA that will stimulate the island’s economy, following a bleak and stagnant year in the sector.
Chairman of the Trinidad and Tobago Chamber of Industry and Commerce’s Tobago Division, Curtis Williams, says because money is not moving through the economy, the Tobago population has been feeling the pinch.
In an interview with Guardian Media, Williams said, “The fallout between the Central Government and the THA, that is not a major contributing factor to it. But, we know going forward in terms of investment, plans and projects, the THA and Central Government would need to have a conversation—meaningful conversation, not old talk.”
He added, “We need that dialogue; we need that relationship to be mended and we need to get something successfully happening for the people of Tobago.
“The THA is the main driver for Tobago and in 2023, we haven’t seen that many activities coming in in terms of projects to turn around that money,” Williams said.
“I think it’s a cash flow issue. We need some stimulants happening on the island and if we do not have that big stimulant happening on the island, we won’t have that trickle-down effect of funds moving from the big player down to the small player.”
He said the business community is looking forward to a meeting with the THA in January with hopes of hearing a “game changer” plan to revitalise the island’s economy.