Tancoo reveals $59b budget, $3.8b deficit
Finance
Politics
GM
October 13, 2025Gregory Mc Burnie
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The government is expected to spend nearly $60 billion in the next fiscal year.
Finance Minister Davendranath Tancoo announced a planned expenditure of $59.232 billion in the budget pegged against an oil price of US$73.25 a barrel and a gas price of US $4.35 per mmbtu.
Oil prices are currently roughly US$60 a barrel for WTI crude and US$63.50 for Brent crude while natural gas prices are currently US$3.09 per mmbtu.
Finance
Politics
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