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The Education sector has once again received the lion’s share of the 2027 National Budget, with an allocation of $8.033 billion for fiscal 2026/2027.
Last year, Finance Minister Davendranath Tancoo allocated $8.766 billion to the Education sector.
Among the major initiatives announced for education and skills training in 2027, the Government will establish the Real Experience and Development for Youth Internship Programme (READY), through which participants aged 16 and over can gain workplace experience and receive a stipend.
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