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Businesses eye layoffs with end to government support

Wednesday 9 June 2021 | Written by Emmanuel Samoglou | Published in Economy, National

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Businesses eye layoffs with end to government support
The Cook Islands Chamber of Commerce says government economic figures for the coming year may be optimistic. Pictured here is the cargo vessel Liloa II. 21030909

The Chamber of Commerce reacted to yesterday’s unveiling of the budget with a warning that businesses could be forced to lay off workers in the absence of government financial support for vulnerable companies.

The Chamber of Commerce reacted to yesterday’s unveiling of the budget with a warning that businesses could be forced to lay off workers in the absence of government financial support for vulnerable companies.


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