Tag Archives: Budget 2021

“[…] Non-energy revenues have fallen in 2020-2021 and for next fiscal, 2021-2022, it is going to be worse—partly because people pay taxes on the previous year’s numbers and partly because the recovery is going to be slower than expected because of the state of emergency and the impact of the …

I paid more detailed attention to the Budget debates this year because our country is so down. The Opposition had little fresh content to offer. Most contributions represented attempts to fight over the General Election, which it lost nine weeks ago.  The Opposition is so bazodee that, despite its recent …

“[…] we must get the new digital economy going. Although liquidity is overflowing at the Central Bank, private sector credit is sluggish; unemployment and underemployment are growing and results thus far from the government-sponsored stimulus loans packages to banks and credit unions have been disappointing. […]” The following is the …

“[…] While they are yet to put it squarely to the population, for those who have eyes to see and ears to hear, it is clear that, quietly but consistently, the finance minister has been weaning the population off the comfortable, subsidised standard of living we have steadily come to …

“[…] Lacking in creative ideas or solutions, the government has decided to accelerate the process of privatisation and free itself of responsibility for the people’s welfare, wherever it can. “In NJAC’s estimation, what needs to be understood is that with privatisation, there are certain core concepts such as trimming the …

As a small boy, I grew up knowing that my single parent mother was in a sou sou.  Many decades later I have lived to read that the current governor of the Central Bank was surprised to learn of the extent of the practice of sou sou. The czars of …

“[…] There is a projected decrease on personnel expenditure from the 2020 figure to the 2021 figure of $377,504,500. Personnel expenditure, therefore, is being slashed in half. “WASA employs approximately 5,100 permanent, temporary and so-called contract workers. If personnel expenditure is to be reduced by 50%, it is only logical …

The Ortoire River meets the Atlantic Ocean adjacent to Point Radix on the south-east coast of Trinidad. Point Radix is a headland that separates the two renowned, but badly abused beaches of Manzanilla and Mayaro, which are of similar length, each said to be approximately 12 miles long. As you …

Minister of Finance Colm Imbert outlined the Trinidad and Tobago Government’s Budget for 2020-2021 today, as a bid to ‘ensure that our economic recovery is as strong as possible’ and with ‘diversification of the economy [as] our highest priority’. Sport earned two mentions in Imbert’s 142-page Budget statement, although it …

Confronted with social unrest shortly before the recent August General Election, Prime Minister Dr Keith Rowley was forced to acknowledge that there were socio economic problems that need to be relieved. I remind readers that the promise to be kept now is that the government’s community recovery committee, chaired by …

“[…] To make these already bad matters worse, there was Covid-19. The unplanned relief measures put in place for this epidemic have exacerbated an already difficult budgetary position. “[…] From all appearances, having already overstayed its welcome, Covid-19 has no plans to take its leave soon… The survival strategies are …