Former Prime Minister and Leader of the Opposition, Kamla Persad-Bissessar SC MP, has challenged the Rowley Administration to take a five percent cut in their salaries, to show solidarity with the poor and struggling citizens of Trinidad and Tobago.
Former Prime Minister and Leader of the Opposition, Kamla Persad-Bissessar SC MP, will be presenting a detailed response to the 2021 Budget Presentation today, in Parliament, from just after 10 this morning.
There is growing concerns that come 2021, many persons may not be able to afford a foreign used car far less a new one, because of the removal of allowances on vehicles announced in the 2020-2021 Budget.
The biggest chunk of the $49.573 billion Budget for 2020/2021 has gone to the Education and Training sector—with an allocation of some $7.93 billion.
The Government will remove fuel subsidies on premium and super gasoline come January 2021, making way for gas station owners to set their own prices for fuel.
The Government has allocated $50 Million for the purchase of laptops for needy students in the 2020/2021 Budget.
Over the next ten years, the Government will construct 25,000 homes for applicants of the Housing Development Corporation (HDC).
The COVID-19 pandemic put a harsh spotlight on this country’s food security and Finance Minister Colm Imbert says, the Government will now do all it can to ensure that this country can feed itself.
The establishment of a Tech Investment Fund and a Tech Promotions and Development Company will be part of the Government’s new thrust into creating a digital economy.
Home and property owners will soon be mandated to provide the Commissioner of Valuations with their property’s value, as the Government gets ready to start the collection of property tax.
This, according to Finance Minister Colm Imbert, as he presented the 2021 fiscal package in Parliament.
It’s Budget Day and every year like clockwork, motorists flood gas stations, in anticipation of an increase in fuel prices.
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