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Small business owners operating in communities along the East-West Corridor say they are hopeful that features of this year’s budget will focus on stimulating growth while addressing the needs of the general public.
On Monday, the American Chamber of Commerce (AMCHAM), responding to the Minister of Finance’s 2026 Mid-Year Budget Review, urged the Government to prioritise private-sector liquidity by implementing a structured programme to eliminate the VAT refund backlog, which it said represents vital working capital for small and micro enterprises (SMEs).
The chamber also highlighted several key points from the review, including the reduction of the primary deficit from $2.93 billion to $101 million at mid-year, a “stable” outlook from Moody’s, and Trinidad and Tobago’s removal from the European Union’s blacklist.
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