Tobago business groups: SMEs feeling forex pinch
SMALL and medium-sized enterprises (SMEs) in Tobago are being gravely affected by the shortage of foreign exchange in the country, says Tobago Chamber of Industry and Commerce president Curtis Williams. There has been mounting concern among businessmen within recent weeks that the limited access to foreign exchange could affect the importation of certain food items, possibly prompting higher prices ahead of the hectic Christmas season. Businessmen are also calling on Finance Minister Colm Imbert to help ameliorate the situation by pushing for the private banking sector to review how it distributes foreign exchange. In an interview on November 2, Williams said the shortage...
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