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THE Government’s $2.93 billion supplementary budget request to cover public sector wage commitments is being welcomed by business groups as a short-term boost to consumer spending, but it is also raising fresh questions about fiscal sustainability and long-term revenue planning.
Speaking in Parliament on Friday, Prime Minister Kamla Persad-Bissessar said the funding would be used to meet increased salary obligations for more than 62,000 public servants under the Finance Bill, 2026.
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