'This is a disaster waiting to happen'

News

'This is a disaster waiting to happen'

T&T Opposition fears possible food crisis

Monday, January 18, 2021

Print this page Email A Friend!


PORT OF SPAIN, Trinidad (CMC) — Leader of the main Opposition United National Congress (UNC), Kamla Persad-Bissessar has called on the Administration of Dr Keith Rowley to expand the list of basket items that are exempted from Value Added Tax (VAT) in an effort to prevent a “possible food crisis”.

In a message posted on social media on Saturday, the Opposition leader said there could be a price hike of 35 per cent on all foods in the near future due to issues related to the overvalued currency if these are not addressed.

“This is a disaster waiting to happen and the longer the Government sits on its hands and ignore [is] this looming crisis, the deeper the hole becomes. With this imminent food crisis, the Government has yet to state any new measures that aim to directly address this problem. Everyday citizens continue to complain about the increased prices of basic food items at the supermarket while the Government sits on their hands and does nothing about it.”

“This PNM Administration reduced the VAT from 15 per cent to 12.5 per cent but at the same time, they reduced the number of items that were once exempted from the tax. Their tactic was one of “giving with one hand and taking away with the other”. That will not work as citizens are dealing with numerous challenges, she said.

Persad-Bissessar, a former prime minister, said that the current Administration had promised a stimulus investment of TT$500 million into agriculture in the last budget. “But we are yet to see anything concrete from that allocation.”

Persad-Bissessar said in the long term the Government must place more investment “beyond the regular lip service in its domestic food production capacity to prevent a possible food crisis”.


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaper-login


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT