BLOW TO PNM CORPS
Politics
Finance
October 14, 2026
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Akash Samaroo
Development funding for all seven People’s National Movement (PNM)-controlled municipal corporations has been reduced in the 2027 Budget, with their combined allocation falling by $49.55 million, or 61 per cent, compared with the original provisions for fiscal 2026.
The seven United National Congress (UNC)-controlled corporations collectively face a substantially smaller reduction of $3.063 million, or approximately 1.6 per cent, according to the Ministry of Finance’s Draft Estimates of Development Programme Expenditure for 2027.
Politics
Finance
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