DOMA: Business closures reflect long-term economic decline
Business
Finance
Politics
April 7, 2026
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The Downtown Owners and Merchants Association (DOMA) says the recent closure of some businesses reflects a long-standing economic decline in Trinidad and Tobago and not a sudden downturn.
In a press release, DOMA said public discussion on the issue has become sidetracked by political exchanges, even as the trend of closures has developed over several years.
According to the Association, the closures point to a reduction in economic activity and a decline in consumer and investor confidence, which has intensified over the past three to five years.
Business
Finance
Politics
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