Given the prevailing harsh economic realities, the Employers Consultative Association of Trinidad and Tobago (ECA) wishes to provide its initial reactions following the 2017/2018 National Budget presentation. In general, the budget was fairly balanced with a mix of austerity measures and incentives as we all try to do more with less. The Government must therefore be commended for achieving a reduction in the budget deficit. This is certainly a move in the right direction.

On August 30th, 1962, Dr. Eric Williams, the first Prime Minister of Trinidad and Tobago articulated his vision for what was then an infant nation on the cusp of a new journey. Discipline, Production and Tolerancewere the watchwords bequeathed to a newly independent nation meant to reflect the guiding principles and values in the development of the country and its people.