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By HILLEL ITALIE, AP National Writer NEW YORK (AP) — Carmen Berkley, a strategist with a Seattle-based foundation advocating equity and racial justice, remembers meeting Harry Belafonte a decade ago when she […]
Imbert said the government will adjust the criteria for accessing GATE. He said students with good standing, enrolled in accredited institutions and programmes will qualify if they completed an initial programme of study.#ttbudget2023
— T&T Newsday (@Newsday_TT) September 26, 2022
3 GOVT GUARANTEED LOANS FOR THE HDC totaling to $1.5 billion.
Finance Minister Colm Imbert said $500 million will be used for stalled or existing projects, $500 mil for debt owed to contractors and $500 mil for the construction of new housing units. @Newsday_TT
— Narissa Fraser (@rhopico) September 26, 2022
He said the difference in revenue would be better spent in social grants, where $5.4 billion is spent per year, food support, on which $175 million is utilised, disability grants at $630 million, and social assistance grants, which cost $355 million.https://t.co/9lsgAsolSF
Finance Minister Colm Imbert said the government has allocated $300m for agricultural incentives, infrastructure and programmes.#ttbudget2023
Finance Minister Colm Imbert says that right now, the 4 % proposed increase in wages to public sector workers is the best the government can do.#Budget2023 @Newsday_TT
Finance Minister Colm Imbert says that right now, the 4 % proposed
THE Opposition has put the country on notice for even more hardship and stress when Finance Minister Colm Imbert presents the budget on Monday in the House of Representatives.
In fact, Oropouche East MP Dr Roodal Moonilal said on Sunday the public can expect more nuisance taxes to be announced in Imbert's presentation.
Moonilal and Mayaro MP Rushton Paray spoke at the Opposition's weekly Sunday media briefing at the Office of the Opposition Leader, Charles Street in Port of Spain.
“I can predict tomorrow there will be more taxes. Every little thing you do in life will have a tax attached to it. And what they cannot introduce new, they will increase.
“I am telling the country today, from where I sit, it appears that we are in for a rough road ahead. I tell the people of Trinidad and Tobago to expect more hardship,\" a grim Moonilal said.
He predicted that allocations for the Tobago House of Assembly and the police service will be cut.
“It was just a few months ago that the people of Tobago, to use a colloquial term, spit out the PNM and rejected them with an overwhelming majority. I ask the Minister of Finance, ‘Will you come tomorrow and punish the people of Tobago for doing that with your measures?’”
Moonilal said he wasn't hopeful the budget would include measures to address crime, unemployment, poor road infrastructure, new investments to stimulate the economy, offer ease to high food prices, or initiatives to close the existing gap in the education system.
“You know it is sad that we have a crisis with the cost of living, we have a crisis with crime and insecurity, we have a crisis with joblessness and the last several years.”
He raised concerns over the high unemployment rate and lack of job opportunities.
“The NIB records show that 112,000 fewer persons have been contributing to NIB with their payments. So it tells you that people are no longer working because they cannot pay national insurance.
“You cannot fill the economy without jobs and we don’t expect job-creation, but I want to warn the country that I don't think he (Imbert) will speak anything about creating jobs. He may speak about taking away jobs and closing down sectors.”
The post Moonilal: Trinidad and Tobago should brace for a hardship budget appeared first on Trinidad and Tobago Newsday.
