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Prime Minister Kamla Persad-Bissessar said the government will be examining the contracts in place for private security companies, as it attempts to cut down on $500 billion in spending on contracted security services.

The PM made the announcement at the post-Cabinet media briefing on May 22 at the Red House, Port of Spain.

“The government is spending $500 million on contracted security services. I am not speaking about the police services or any of the protective services, this is contracted security services.