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The coun­try’s ma­jor busi­ness cham­bers have wel­comed the 2026 Na­tion­al Bud­get but are cau­tion­ing that its suc­cess will de­pend heav­i­ly on time­ly im­ple­men­ta­tion, con­sis­tent stake­hold­er en­gage­ment, and trans­paren­cy across pub­lic in­sti­tu­tions.

The Bud­get, pre­sent­ed by Fi­nance Min­is­ter Dav­en­dranath Tan­coo, has been de­scribed by the pri­vate sec­tor as an im­por­tant step to­wards re­build­ing in­vestor con­fi­dence and mod­ernising State sys­tems. How­ev­er, while many have praised its em­pha­sis on dig­i­tal­i­sa­tion, fis­cal ac­count­abil­i­ty, and fair­ness, oth­ers have warned that long-stand­ing is­sues such as VAT re­funds, for­eign ex­change short­ages, and in­ef­fi­cien­cies in pub­lic ser­vice de­liv­ery must be ur­gent­ly ad­dressed if busi­ness­es are to feel the re­al im­pact of these mea­sures.

The Amer­i­can Cham­ber of Com­merce of Trinidad and To­ba­go (Am­cham T&T) not­ed that sev­er­al of its long-ad­vo­cat­ed pro­pos­als have been in­cor­po­rat­ed in­to the new fis­cal pack­age, par­tic­u­lar­ly re­forms aimed at strength­en­ing the Cus­toms and Ex­cise Di­vi­sion. These in­clude in­creased staffing, in­te­gra­tion of ad­vanced tech­nolo­gies such as the up­grad­ed ASY­CU­DA sys­tem, and the in­tro­duc­tion of risk-based au­dit­ing and dig­i­tal pay­ments.