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Economist Dr Roger Hosein is urging citizens to temper their expectations as the Government prepares to seek an additional $2.8 billion in the upcoming mid-year budget review to address wage negotiations and outstanding salary payments.
Speaking on CNC3’s The Morning Brew programme yesterday, Hosein said the country must recognise that current economic realities differ significantly from periods of stronger energy sector performance.
“What I would say to people is that you cannot expect the same standard of living at 2,500 MMCF per day of gas as compared to 2010 when it was 4,300,” he said.
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