Senior Political Reporter
It’s (finally) official—the UNC Government’s first National Budget will be presented next Monday at 1.30 pm.
The confirmation came after a day of confusion and premature leaks that forced Government to make an official statement.
The Finance Ministry issued a brief, three-line release at 10.49 am yesterday, signed by Finance Minister Davendranath Tancoo, stating, “Please be advised that the National Budget 2026 will be presented in Parliament by the Honourable Davendranath Tancoo, MP, Minister of Finance, on Monday 13th October 2025 at 1.30 pm.”
The announcement ends uncertainty that followed a communication misstep on Monday, when the October 13 date was prematurely leaked by UNC and government officials. The date was later posted on the UNC’s official Facebook page just before midnight and subsequently confirmed by Tancoo himself when he shared the UNC post on his WhatsApp status early yesterday.
This will be Tancoo’s first budget presentation and the first fiscal package for the six-month-old UNC administration, led by Prime Minister Kamla Persad-Bissessar.
However, questions arose over the unorthodox manner in which the budget date was revealed. Traditionally, the date is announced either in Parliament or through an official Finance Ministry release.
Tancoo did not respond to Guardian Media’s queries about why the announcement was first made via political and personal platforms instead of formal government channels.
When the date first surfaced on Monday, UNC officials insisted it was not yet official. Persad-Bissessar later told CNC3 the confusion was the result of “leaked information” and assured that an official statement would follow through government channels yesterday.
After the date was formally confirmed, neither Persad-Bissessar nor Tancoo responded to questions about what the public might expect from next Monday’s presentation.
Senior UNC sources said the upcoming Budget would deliver on promises made during the party’s campaign and early months in office.
“It will be a very good Budget,” one source said. “It seeks to address residual issues from previous terms while meeting our current commitments and setting the path and pace for our five-year term—and beyond.”
While no details of potential “budget goodies” were confirmed, sources suggested the measures would be designed to “accommodate the people” and stimulate confidence in the new Government’s fiscal direction.
Following Tancoo’s presentation on Monday, Opposition Leader Pennelope Beckles is scheduled to deliver her budget reply on Friday, October 17, at 10 am. Debate will then continue in the House of Representatives, followed by the Standing Finance Committee’s examination of the Budget, before the Senate debate brings the process to a close.
House to meet ahead of
Budget presentation
Meanwhile, the House of Representatives, which has been on recess, will resume sitting on Friday to complete debate on the Administration of Justice (Indictable Proceedings) (Amendment) Bill, 2025, and to address two government motions.
On Monday, amid confusion over the leaked date, the Opposition Leader had called on Persad-Bissessar to explain the apparent mishandling of the announcement, warning that delays in the Budget’s passage could have serious consequences, including the potential shutdown of public services.
Beckles did not comment on the matter yesterday but is expected to address it during a media conference today.
Across various sectors, there was a sense of relief yesterday that the long-awaited budget date had finally been confirmed, clearing the way for the new administration’s fiscal plans to be unveiled next week.