Dominica’s private sector suffered greatly as a result of looting in the aftermath of Hurricane Maria. That’s the word from Executive Director of the Dominica Association of Industry & Commerce (DAIC) Lizra Fabien.
She described the acts of looting as ‘the human hurricane,’ and said it will take a while before several businesses can rebound. Fabien acknowledged that the level of looting disappointed the private sector. She says the situation created much greater ripple effects on the economy, than those that can be seen, such as lack of essential services, destruction of the food chain & lack of funds in circulation in Dominica. She noted that it is of critical importance that the private sector is able to see how it can move forward as soon as possible, and this includes improving the business environment in Dominica. DAIC Vice President Stephen Lander, has expressed concerns over the effect that large numbers of layoffs might have on the economy after Hurricane Maria. Lander said, “The more people that get laid off, the less buying power there will be in the economy, and that trickles down to those businesses that can open and serve the public. Their businesses may go down because less people are buying”.
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