Media Statement following Chief Minister's comments in Tynwald on May 17th | May 2022

Isle of Man Chamber of Commerce welcomed the Chief Minister’s comments in Tynwald on May 17th about the need for what he described as ‘fundamental and wide-ranging reform across the public sector’.

Date: Wednesday 18 May 2022

A Chamber of Commerce table showing how statements by the Chief Minister in Tynwald on May 17th (in the right hand column) align with six points in Chamber’s Business Manifesto (in the left hand column).

 

The Island’s largest business network has been pushing for a more joined up Government for many years and is pleased that there is now political will for this to happen, however it cautioned that the both the scale and pace of reform that’s needed will pose a challenge.

Chamber President, Kristan McDonald, has contacted the Chief Minister to express the organisation’s support and to request a meeting to discuss a number of points in his statement which refer to other long-standing issues that are of concern to the business community.

 

Kristan McDonald, Chamber President. 

The Chamber President said: “The Chamber Board are heartened by the statement made in Tynwald. In particular, the Chief Minister mentioned six key issues that our members voiced in our Business Manifesto when surveyed last year, so we welcome the fact that he has made a public commitment to address those concerns. We are keen to show our support for the reviews that the Chief Minister announced, and to offer support from the wider business community that we represent in order to help him achieve those goals.”

Chamber’s Business Manifesto (which can be read in full here) was based on consultations with members in 2021 prior to the General Election to set out the most important priorities for businesses that prospective MHKs would need to tackle. Many of those issues, added the Chamber President, are yet to be addressed by the current Government – but he says that the Chief Minister’s strong comments about the need for root and branch reform are a positive development.

“The Chief Minister’s statement,” said Mr McDonald, “feels like a watershed moment for our economy because it offers some hope that barriers to business growth which they have faced for many years will finally be addressed.”