The government of Trinidad & Tobago is going to Parliament Friday to ask for more money to run its affairs. It wants $2.7 billion more.
This is in addition to the $54.6 billion budget Parliament approved last October for the 2011/12 fiscal year.
Finance Minister Winston Dookeran will present a motion to vary and supplement the budget to meet outstanding commitments.
The Finance Committee of the House of Representatives considered the motion at a private meeting on Wednesday.
Based on budget expectations the government hopes to collect $47 billion and spend $54.6 billion, leaving a deficit of $7.6 billion.
This is in addition to the $54.6 billion budget Parliament approved last October for the 2011/12 fiscal year.
Finance Minister Winston Dookeran will present a motion to vary and supplement the budget to meet outstanding commitments.
The Finance Committee of the House of Representatives considered the motion at a private meeting on Wednesday.
Based on budget expectations the government hopes to collect $47 billion and spend $54.6 billion, leaving a deficit of $7.6 billion.
- Dookeran will outline the main areas where funds are needed. These include: Finance ($1,102,070,300)
- Works and Transport ($714,605,126)
- Works and Infrastructure ($534,496,669)
- Foreign Affairs and Communications ($277,583,761)
- Transport ($250,898,205)
- Sport ($125,986,167)
- Food Production, Land and Marine Affairs ($99,707,808)
- Planning and the Economy ($62,815,171)
- Gender, Youth and Child Development ($50,537,200)
- Housing and the Environment ($5,667,941)
- National Security ($3,395,400)
- Trade and Industry ($863,600)
Also on Friday, the government is scheduled to lay the Children’s Bill 2011 in the House of Representatives for debate at a later date.
There are five major bills on this year’s parliamentary agenda:
- The Procurement of Goods and Services and Disposal of Property Bill
- The Beverage Containers Bill/Waste management legislation
- The Planning and Development of Land Bill
- The Securities Bill
- The Private Security Industries Bill
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