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Wednesday, July 23, 2025

'Budget an election tool'

by

Kevon Felmine
2115 days ago
20191008
 Economist Hayden Blades, right, responds to a question during theOWTU and the Co-Operative Credit Union League of Trinidad and Tobago Post-Budget Peoples Sector Breakfast Forum at OWTU Paramount Building, San Fernando, yesterday. also in the photo from left is Shanice Webb, of the Trinidad Youth Council, Joseph Remy, President of the Co-Operative Credit Union, Political Leader of Movement for Social Justice David Abdulah and Sharaz Kha, of the Trinidad and Tobago Farmers Union.

Economist Hayden Blades, right, responds to a question during theOWTU and the Co-Operative Credit Union League of Trinidad and Tobago Post-Budget Peoples Sector Breakfast Forum at OWTU Paramount Building, San Fernando, yesterday. also in the photo from left is Shanice Webb, of the Trinidad Youth Council, Joseph Remy, President of the Co-Operative Credit Union, Political Leader of Movement for Social Justice David Abdulah and Sharaz Kha, of the Trinidad and Tobago Farmers Union.

RISHI RAGOONATH

De­spite the sweet­en­ers an­nounced in the 2019/2020 na­tion­al bud­get, labour lead­ers and econ­o­mists be­lieve many of them are mere­ly po­lit­i­cal of­fer­ings by the Peo­ple's Na­tion­al Move­ment (PNM) ahead of the lo­cal gov­ern­ment and gen­er­al elec­tions.
At the Oil­fields Work­ers’ Trade Union (OTWU) and Co-op­er­a­tive Cred­it Union League’s (CCULTT)’s an­nu­al Peo­ple’s Sec­tor Post-Bud­get Break­fast Fo­rum yes­ter­day at Para­mount Build­ing, San Fer­nan­do, speak­ers tore down sev­er­al of Gov­ern­ment's ini­tia­tives for eco­nom­ic growth, pover­ty re­duc­tion and gen­der de­vel­op­ment.

Move­ment for So­cial Jus­tice (MSJ) po­lit­i­cal leader David Ab­du­lah de­scribed the bud­get as pa­pi­er-mache, say­ing that about 30 per cent of the in­for­ma­tion was cut from the pre­vi­ous doc­u­ment and past­ed in­to the new. List­ed in last year’s bud­get that reap­peared on Mon­day in­clud­ed the Mag­dale­na Grand Beach and Golf Re­sort in To­ba­go. In 2018, Fi­nance Min­is­ter Im­bert told the Par­lia­ment that the Gov­ern­ment was at an ad­vanced stage of se­cur­ing an in­ter­na­tion­al­ly-rec­og­nized brand op­er­a­tor for the 198 room re­sort. Im­bert said then that the op­er­a­tor, three in­vestors had con­duct­ed site vis­its and sub­mit­ted pro­pos­als in Sep­tem­ber 2018. He said the gov­ern­ment was “mak­ing tremen­dous ef­forts to have in place on Jan­u­ary 1, 2019, an in­ter­na­tion­al­ly rec­og­nized brand man­ag­er for the Re­sort. How­ev­er, Im­bert said on Mon­day that the brand man­ag­er was iden­ti­fied and will as­sume op­er­a­tor­ship while the Gov­ern­ment un­der­takes the re­ha­bil­i­ta­tion and out­fit­ting works on the ho­tel. Up­on com­ple­tion of those works, the ho­tel will be re­brand­ed un­der the new op­er­a­tor.
Ab­du­lah al­so point­ed out that the com­ple­tion of the Point Fortin Hos­pi­tal was in­clud­ed in the 2019 bud­get but has again ap­peared this year. The up­grades of the Port-of-Spain Gen­er­al Hos­pi­tal, the com­ple­tion of the Ari­ma Hos­pi­tal, the es­tab­lish­ment of the Rev­enue Au­thor­i­ty, Prop­er­ty Tax, Pub­lic Pro­cure­ment,  Skin­ner Park and San Fer­nan­do Wa­ter­front re­de­vel­op­ments were al­so plans in the old bud­get.
While an es­ti­mat­ed 194,000 peo­ple are to ben­e­fit from a $2.50 in­crease in the min­i­mum wage, econ­o­mist Hay­den Blade be­lieves this will do lit­tle to lift them over the pover­ty line. The in­crease will see the cur­rent min­i­mum wage earn­ers' salaries rise by $20 a day.
“How much is rent in San Fer­nan­do these days? For two peo­ple in a lit­tle apart­ment. Af­ter you’re fin­ished pay­ing rent, how much mon­ey do you have to buy food? What about trans­port? I’m ask­ing you, how are you go­ing to ex­ist on $2400? But here is the dis­re­spect in all of this, you can’t ex­ist on $2400 but the great cel­e­bra­tions have oc­curred, you must now ex­ist on $2800. Now you can save abun­dant­ly and buy HDC bonds so that you can pay down on your up­com­ing pur­chase of an HDC prop­er­ty. That is the dis­re­spect that we ac­cept from our politi­cians. You can’t ex­ist on $15 an hour, but sure­ly you shall ex­ist and live an abun­dant life on $17.50,” Blades said while ap­plaud­ing the move sar­cas­ti­cal­ly. He de­scribed the bud­get as a con­coc­tion to woo vot­ers af­ter al­most five years of mi­nus­cule eco­nom­ic growth. He said Gov­ern­ment must come with a dif­fer­ent ap­proach.
OW­TU gen­er­al sec­re­tary Richard Lee said the Union has been lob­by­ing for a min­i­mum wage of $20 per hour. De­spite the in­crease, Lee be­lieves that many peo­ple will re­main be­low the pover­ty line. He was scep­ti­cal about Im­bert’s com­ment that un­em­ploy­ment re­mained at a low lev­el, giv­en that Petrotrin, TSTT, UTT and oth­er com­pa­nies un­der­took mass re­trench­ments in the last year. He ques­tioned whether the Gov­ern­ment had used tem­po­rary URP work to boost em­ploy­ment fig­ures.
While OJT trainees are set to get a 10 per cent in­crease in their stipends and de­spite Gov­ern­ment's plan to in­crease the in­take for the pro­gramme to 8000 from De­cem­ber 1, Trinidad Youth Coun­cil pres­i­dent Shan­ice Webb said em­ploy­ers used the pro­gramme for cheap labour. Webb said there is no re­al plan­ning for youth em­ploy­ment fol­low­ing the pro­gramme and it is ei­ther they sit at home job­less or re­turn to school, on­ly to strug­gle to find jobs there­after. 
Pres­i­dent of the Unit­ed Farm­ers As­so­ci­a­tion Shi­raz Khan said the gov­ern­ment was spend­ing more mon­ey to build a high­way to To­co than in­vest­ing in agri­cul­ture. Khan said while the Health Min­istry con­tin­ues to get a large chunk of the bud­get, the food im­port bill con­tin­ues to rise, with im­porters bring­ing in foods that cause cit­i­zens to fall ill and fill up the hos­pi­tals. Khan be­lieves this trend con­tin­ues as friends of the gov­ern­ment con­tin­ue to ben­e­fit.


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