OPPOSITION Leader Kamla Persad-Bissessar says a new United National Congress will repeal the Property Tax Act. In her reply to the 2020 Budget in the Lower House on Friday, Persad-Bissessar said, “This budget is a condescending insult to the poor, an insult to the marginalised, the working classes, struggling mothers and fathers. ———— “The […]Read More
THE American Chamber of Commerce of Trinidad and Tobago (AMCHAMTT) is questioning why the Government is running fiscal deficit in Budget 2020 after its revenue has been “bolstered.” In response to the Budget delivered by the Minster of Finance Colm Imber in Parliament on Monday, AMCHAM said, “We are uneasy that the government is […]Read More
FINANCE Minister has delivered the 2020 Budget with total revenue of $47.74 billion and total expenditure of $53.036 billion leaving a fiscal deficit of just about $5.287 billion. He has pegged the budget of an oil price of US $60 per barrel and a gas price of US$3 per MMBTU. The 2020 Budget […]Read More
THE Minimum Wage in Trinidad and Tobago is to be increased from $15 to $17.50 per hour. This announcement was made by Finance Minister Colm Imbert in his presentation of the 2020 Budget in the Parliament on Monday. He said this increase will benefit 194,000 employees and will take effect in December 2019. […]Read More
