While the first People's Partnership budget did not include any increase in the minimum wage, Finance Minister Winston Dookeran has said provisions for a new minimum wage "will continue to be reviewed."
Other announcements included:
tax allowance of up to $1,000 a household on mortgage interest for first-time homeowners;
selected state enterprises for public offering and search for strategic partners for some enterprises;
launch of the Elderly Mobile Shuttle Service next year;
milk-feeding programme at health centres;
waiver of land/building taxes for 2010;
25 per cent tax credit on cost of CNG kits and other concessions for CNG users;
tax concessions on solar water-heating equipment and wind turbine imports;
exploration of possibility of listing the Methanol Holdings of Trinidad Ltd on the international stock exchange;
implementation of measures to start meeting commitments to contractors, now totalling $4 billion;
same for meeting commitments on total outstanding VAT refunds, amounting to $2.8 billion;
business investment in the sugar belt, Southwest Trinidad, East Port-of-Spain, North Coast and Tobago;
construction of a San Fernando/Pt Fortin Highway, a tunnel conecting Maracas Valley to Maracas Bay and conversion of East Port-of-Spain to a heritage city, like Old Havana;
review of new financial arrangement to support WASA;
new air and noise pollution rules to be laid in Parliament shortly;
exploration of expanding medical coverage to family units on a cost-sharing basis as well as death benefit in the public service issue;
recognition programme for policemen who go beyond the call of duty and special criminal court for firearms, kidnapping and narcotic offences;
restructuring of the OJT programme to expand private sector placement; re-evaluation of Multi Sector Skills Training Programme and others;
tax deduction for companies/individuals donating to the Children's Fund, equal to the donation amount;
new company, TT Mortgage Bank, to be formed;
Heritage and Stablisation Fund standing at US $3.3 billion at August;
support to market the local fashion industry abroad;
construction of National Oncology Centre to begin next year;
new Motor Vehicle Licencing Authority to be located in Caroni; and,
Sugar Heritage Village and museum for Caroni's Sevilla House.
