Colm Imbert----use

NEW MEASURE: Finance Minister Colm Imbert

Finance Minister Colm Imbert says his 2019/2020 $53 billion budget presented on Monday was no “election budget”. He said, if it were, then expenditure for fiscal 2020 would have been $60 billion.

Speaking yesterday at a post-budget breakfast forum hosted by the Trinidad and Tobago Chamber of Industry and Commerce at the Hyatt Regency, Port of Spain, Imbert said after three years of hardship, where “Government had to do things to create the necessary revenue to boost the economy”, Government decided this year to “balance it out”, catering for those at both the lower and higher ends of the income scale.

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A NUMBER of Unipet gas stations ran out of fuel yesterday after State company Paria Fuel Trading cut its supply on Tuesday for an outstanding $100 million bill.

THE GOVERNMENT is moving to crush the cash empires of criminals by removing the current Trinidad and Tobago $100 note and replacing it with a new polymer bill which has added security features.

THERE were different opinions from two former Central Bank governors on the Government’s announcement yesterday to replace the $100 note as part of the fight against the criminal underworld.

A great idea but more time needed. This is the general consensus among business groups about Government’s plan to replace the current $100 bill with a new polymer note.