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CHAIRMAN of the Tobago arm of the Trinidad and Tobago Chamber of Industry and Commerce Curtis Williams said he expected Tobago’s allocation to be more from the national budget.
On Monday, during the national budget presentation, Finance Minister Davendranath Tancoo announced that Government is allocating $2.756 billion to the Tobago House of Assembly (THA) for Fiscal 2027, representing 4.35% of the national budget, and also a further $716.5 million “will be spent by various ministries on services and projects for the benefit of Tobago.
THA Chief Secretary Farley Augustine, at a later news conference in Parliament, said he was disappointed with the reduction from the fiscal year, which was $2.9 billion, especially given the more respectful relationship between the THA and central government.
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