Senior Political Reporter
The Government’s 2026 Budget will be “unmasked as the greatest hoax attempted on the population” when Opposition Leader Pennelope Beckles delivers her Budget response in Parliament this morning, according to People’s National Movement (PNM) officials.
Beckles is scheduled to begin her reply at 10 am in the House of Representatives. It will be her first Budget response since being appointed Opposition Leader in May.
Finance Minister Dave Tancoo presented his first National Budget on Monday—a $59.232 billion package for fiscal 2026. The Budget outlined allocations for various government ministries and projects, included penalties and fine increases, and featured a $1 reduction in the price of Super gasoline. It also sought to fulfil several campaign promises made by the United National Congress (UNC) Government.
However, PNM officials said Beckles’ presentation will expose the Budget as misleading.
“Well, before the end of PNM leader Beckles’ Budget reply, the population will understand and see clearly what has been perpetrated on them—a so-called ‘good Budget’ built on false promises,” the officials said.
“Since the UNC entered office, many sectors have painfully learned that no amount of disguise within Budget offerings can hide the truth. The UNC’s 2026 Budget will be seen for what it really is—a big lie.”
Beckles also hinted at her approach on social media, posting: “Facts first—fake Budget exposed!”
All Opposition MPs are expected to contribute to the debate, which resumes today in the House of Representatives.
On Wednesday, the PNM held a Budget forum featuring Beckles, former finance minister Colm Imbert, and other speakers. Following her parliamentary presentation today, Beckles will address a PNM public meeting at Belmont Circular Road. Speakers at that event will include former prime minister and Port-of-Spain North/St Ann’s West MP Stuart Young, Port-of-Spain South MP Keith Scotland, and Imbert.
Once the House debate concludes, the 2026 Budget will be examined by Parliament’s Standing Finance Committee (SFC) next week. During that process, Opposition MPs are expected to question the Government on expenditure line items and details contained in the Budget’s supporting documents, including the Estimates of Expenditure and Revenue and the Public Sector Investment Programme.
After the SFC stage, the Budget will move to the Senate for debate and passage, and is expected to be in effect before the end of the month, Government officials said.