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Saturday, August 9, 2025

Applying the lessons of COVID-19

by

1899 days ago
20200528

From all ac­counts, this ad­min­is­tra­tion han­dled this phase of the pan­dem­ic well. In­deed, the per­for­mance of the gov­ern­ment has been praised by many and con­trast­ed fa­vor­ably with the op­po­si­tion’s in­co­her­ent pub­lic stance. The pub­lic’s re­sponse was ma­ture and there were few chal­lenges to the main­te­nance of pub­lic or­der even in the ab­sence of a state of emer­gency.

There were avoid­able mis­takes and pol­i­cy flip flops, such as “pan­dem­ic leave” and the ar­gu­ment over who had the au­thor­i­ty to shut down busi­ness op­er­a­tions. Or the speed with which the eco­nom­ic as­sis­tance mea­sures are be­ing rolled out. But that is to be ex­pect­ed in deal­ing with a large un­der­tak­ing en­com­pass­ing so many mov­ing parts.

T&T and the re­gion have re­ceived praise for the han­dling of the cri­sis. Re­sults mat­ter. There were few deaths (eight) and the health sys­tems were not com­pro­mised in stark con­trast to more “ad­vanced” coun­tries. Un­doubt­ed­ly, the COVID-19 per­for­mance will be used as a spring­board for the fast-ap­proach­ing na­tion­al elec­tion cam­paign.

The first les­son was the com­mu­ni­ca­tion method­ol­o­gy adopt­ed. The WHO called on all gov­ern­ments every­where to adopt a com­mu­ni­ca­tion style based on hon­esty, open­ness, and trans­paren­cy. That ap­proach re­as­sured the pub­lic that the prob­lems were be­ing ad­dressed. Politi­cians re­lin­quished cen­tre stage and al­lowed pro­fes­sion­als to ad­dress the is­sues giv­ing cred­i­bil­i­ty to the process. And there were key per­for­mance mea­sures.

A dai­ly re­port card was pre­sent­ed show­ing the rate of trans­mis­sion and the ca­su­al­ty list al­low­ing the pub­lic to mon­i­tor progress. One felt that yours and the coun­try’s in­ter­ests were be­ing ad­dressed.

The sec­ond key les­son was un­der­lined by Michael Ryan, a sur­geon, and the ex­ec­u­tive di­rec­tor of the World Health Or­ga­ni­za­tion’s health emer­gen­cies pro­gramme, in a March press con­fer­ence. “Be fast. Have no re­grets. You must be the first mover. The virus will al­ways get you if you don’t move quick­ly,” he said. “If you need to be right be­fore you move, you will nev­er win … Speed trumps per­fec­tion.”

A third les­son was the need for in­no­va­tion and a whole of gov­ern­ment ap­proach. New fa­cil­i­ties were found to ad­dress the im­me­di­ate re­quire­ments for quar­an­tine and hold­ing fa­cil­i­ties. Arrange­ments were made and fa­cil­i­ties were pressed in­to ser­vice; in Ba­lan­dra, San­gre Grande, the Cou­va Hos­pi­tal, the Na­tion­al Ten­nis Cen­tre et al.

How­ev­er, as the cri­sis abates the lessons are be­ing for­got­ten and the com­mu­ni­ca­tion mud­dled. Na­tion­als work­ing on cruise ships have be­gun to re­turn and as they re­turn, the im­me­di­ate cry is that we do not have enough fa­cil­i­ties. Have we lost our can-do at­ti­tude so quick­ly? And why can’t the lessons learnt be in­sti­tu­tion­alised and be­come part of our nor­mal ad­min­is­tra­tive frame­work?

As we move to the next phase of re-open­ing the econ­o­my, we have lost all the lessons of open­ness and trans­paren­cy and re­turned to a com­mu­ni­ca­tion style of ob­fus­ca­tion and pre­var­i­ca­tion. The IMF has es­ti­mat­ed that the world will be in re­ces­sion for at least one year. Many coun­tries are pub­lish­ing es­ti­mates which show that the eco­nom­ic dam­age was greater than first es­ti­mat­ed and that re­cov­ery will be pro­tract­ed.

The on­ly sta­tis­tics avail­able in T&T are un­em­ploy­ment num­bers which are con­ve­nient­ly stuck at Sep­tem­ber 2018, be­fore Petrotrin’s clo­sure. The most re­cent eco­nom­ic re­port gives eco­nom­ic es­ti­mates for the third quar­ter of 2019. There has been no midyear fi­nan­cial re­view and no ob­jec­tive mea­sure by which to gauge TT eco­nom­ic prospects. We know that 35 per cent of the Pt Lisas plants are closed or idled due to the dou­ble wham­my of a de­clin­ing methanol and am­mo­nia prices and an un­eco­nom­ic gas feed­stock price. TTNGL’s earn­ings have been great­ly re­duced. And the NGC’s chair­man says that there is lit­tle that he can do to ad­dress the sit­u­a­tion.

In the ab­sence of clear eco­nom­ic da­ta, the lat­est Moody’s re­port has re­lied on the ex­is­tence of the HSF which ac­counts for ap­prox­i­mate­ly 30 per cent of GDP and main­tained a Ba1 rat­ing (non-in­vest­ment grade or spec­u­la­tive) but chang­ing the out­look to neg­a­tive. The rat­ing agency said “The neg­a­tive out­look re­flects in­creased down­side risks to TT eco­nom­ic and fis­cal strength stem­ming from medi­um term fi­nan­cial chal­lenges that have now been ex­ac­er­bat­ed by the se­vere shock to glob­al oil and gas de­mand…”

In the fi­nance busi­ness a Ba1 rat­ing is “junk bond sta­tus”. It does not mat­ter that our grade is bet­ter than oth­er re­gion­al play­ers.

T&T is in its fifth year of eco­nom­ic de­cline. As with the pan­dem­ic, the cit­i­zen­ry knows that we face se­vere chal­lenges. Rather than tell us a far­ra­go of non­sense about a “bold and proac­tive pol­i­cy re­sponse”, the coun­try needs to be kept in­formed about the rec­ti­fi­ca­tion mea­sures and their im­pact in same way the pan­dem­ic was ad­dressed. What mat­ters is the coun­try’s fu­ture, not one’s re­elec­tion prospects.


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