Economists are warning that the latest partial lockdown of T&T’s economy will have a devastating impact on the country including the permanent closure of more businesses, further job losses, and a rise in poverty.
A year after the Government mandated the first COVID-19 related lockdown, there is a déjà vu feeling that there will be more hardship. Scores of businesses were forced to shut their doors permanently during the first phase of the lockdown and hundreds of people were left jobless.
Last Thursday when Prime Minister Dr. Keith Rowley announced a second lockdown, he indicated that the Government does not have the money this time around to be as helpful as they were last year.
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