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PNM deputy political leader and former finance minister Colm Imbert says information reaching him suggests the 2025/2026 budget would see a deficit of $15 billion, the largest in the country's history.

Responding to the Prime Minister's revelation on September 12 that this year's budget would see expenditure surpass revenues, Imbert warned that if his figure is correct, it would spell disaster for the economy.

"I'm hearing it's $15 billion, could be $20 billion. If it's in that range, it means that our debt is going to skyrocket. It's not good for us, but I thought they had all the answers and they were going to balance the budget, so I'll wait and see. Maybe that's a rumour."