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FINANCE Minister Davendranath Tancoo said $475 million allocated to an employment fund under his ministry in budget 2026 will help finance the government's new recruitment drive to create/fill 20,000 jobs.

Tancoo was answering opposition questions in the Standing Finance Committee of the House of Representatives on October 23.

However, St Ann's East MP Dr Nyan Gadsby-Dolly, by a quick calculation, said the sum was only enough to pay for jobs below the minimum wage.