Tuesday, September 8, 2009

TT Budgets $44B for 2009/2010

The government of Trinidad and Tobago plans to spend $44 billion in fiscal year 2009/2010. The projected deficit is $7.7 billion or 5.3 per cent of GDP.

The figure was announced Monday afternoon in the House of Representatives by Finance Minister Karen Nunez-Tesheira.

She told the house the budget is based on an oil price of US$55 a barrel and a gas price of US$2.75. (click here for live oil price monitor)


Read the details at the Finance Ministry's website
Complete Budget speech

Read the Ernst & Young 2009/2010 budget overview

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Jai & Sero

Jai & Sero

Our family at home in Toronto 2008

Our family at home in Toronto 2008
Amit, Heather, Fuzz, Aj, Jiv, Shiva, Rampa, Sero, Jai