Tuesday, October 2, 2012

Budget breakdown

WHERE THE budget dollars will go:
• Education: $9.1 billion
• Health: $5.1 billion
•National Security: $5.5 billion
•Public Utilities: $3.7 billion
•Housing: $3.5 billion
•Works: 2.4 billion
•Transport: 1.6 billion
•Agriculture: 1.3 billion
•Tobago House of Assembly: $2.3 billion
• Public Sector Investment Plan: $7.5 billion

•Total revenue: $50.7 billion
• Expenditure: $58.4 billion
• Oil revenue: $20 billion
• Non-oil revenue: $30.6 billion

• New naval plan to cut drug running
• Reintroduction of highway police patrols
• Agricultural ventures with Guyana
• Tobago concessions from hotel room expansion, integrated campus and business incentives to airport upgrade
• Extension of Churchill-Roosevelt Highway to Sangre Grande, additional access from Cocorite to Chaguaramas
• La Brea port
• Procedures to cut waste/abuse of GATE programme
• Incentives for enhancing creative industries
• New heritage city in Port-of-Spain
• Port-of-Spain priority for drainage plans.
• Tax incentives to stimulate construction, including multi-storey car parks.
• Driver’s permit to remain valid for five years from 2012, and thereafter upon renewal for either five years or ten years at a cost of $500/$1,000.
• First Citizens Bank, T&T Mortgage Bank, T&T Mortgage Finance Company/HMB merger for public offering.
• CEPEP, URP employees transitioning to private-sector companies.

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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