The Georgetown Chamber of Commerce and Industry (GCCI) says though it is “satisfied and very encouraged by many aspects” of the National Budget it still expects to see comprehensive tax reform incorporated into it.
In a press release yesterday, the GCCI said it is pleased with the impressive performance of the economy in 2011 which recorded a positive economic growth rate of 5.4%. “This marks the sixth consecutive year that the economy has shown positive growth and the Chamber looks forward to similar fortune and accomplishment this year,” the release said. It is also satisfied with the strong macroeconomic environment that has been maintained over the years which “confers enormous optimism for our local businesses as well as for foreign investors.”
The GCCI also noted that it was important to acknowledge the
