The most important features of the budget, which will unless otherwise specified apply from 1 january 2016, are as follows. Trinidad and tobago is committed to playing its part as a responsible member of the global community, by continuing efforts geared towards pursuing policy and development of initiatives. We are not isolated from events taking place in the rest of the world and those events today have a direct impact on trinidad and tobago. The employers consultative association of trinidad and tobago eca wishes to express mixed sentiments to the national budget laid in parliament by finance minister colm imbert on friday 30th september, 2016. This year, we also included additional content on public and tax issues relevant to the. The treatment of federal credit programs in this analysis 280 commerce, education, and energy. Trinidad and tobago government budget 19932018 data. Budget for fiscal year 20112012 trinidad and tobago.
Republic of trinidad and tobago in the high court of justice claim no. The accounting and finance office is responsible for providing accurate, timely and useful financial information and services to the elected officials and management of las animas county, as well as the public, in order to ensure responsible and efficient delivery of county government services to the citizens. The fiscal budget for fy201516 for the first time in several years, did not set a record for being the largest ever, and falls short of. We reached a milestone, our 150th anniversary, a celebration of a century and a half of passion for nutrition and for quality. Government budget in trinidad and tobago averaged 0. The budget outlines all the revenue and expenditure for a given period and is the most important. The minister noted that crime in trinidad and tobago has a deleterious effect on foreign and local investment. Consolidated civil proceedings rules 2016 v supreme court of judicature of trinidad and tobago 2016 rule 7. Budget for 2016 the budget for 2016 was presented by the honorable minister of finance on 5 october 2015. Financial management manual fmm 2016 financial management manual.
A summary of the ministry of foreign and caricom affairs expenditure, divisions. Specific tax and other measures proposed by the honourable minister include. The 2018 national budget of the republic of trinidad and. Budget highlights customs duty on alcohol and tobacco will be increased. Since then, i have had the distinct privilege to present four 4 budget statements which gave us the opportunity to share with the citizens of trinidad and tobago the manner in which the assets of the country are being managed. The government of the republic of trinidad and tobago. Trinidad and tobago 2018 budget highlights oilvoice. At first glance, the newly elected government of trinidad and tobago faces a formidable first year, marked by one of the deepest slumps in energy prices seen in recent decades. Establish a sports institute of trinidad and tobago, mandated to. It introduced ne w revenue measures with the fy 201516 budget, and made further. By no stretch of the imagination, therefore, can we continue to spend money that we do not have. The government budget is an important instrument for implementation of policy decisions by the government to achieve social, economic and political ends. Trinidad and tobago budget balance in relation to gdp.
Highlights of the fy 201617 budget statement first citizens. This is the reality that we in trinidad and tobago must get used to, i. The 2016 budget is being presented at a time of great uncertainty in the global economy. The ministrys total allocation as a percentage of the national budget for the period 2012 to 2018. Highlights of the fy 201516 budget statement first citizens. Trinidad and tobago house of representatives bill an act to provide for the regulation and control of gaming and betting and matters related thereto printed by the government printer, caroni republic of trinidad and tobago2016 legal supplement part c to the trinidad and tobago gazette, vol. In his presentation of the budget for the 2012 fiscal year, minister of finance winston dookeran attempts to lay the foundation for the trinidad and tobago economy in the medium term but, in doing so, the country may be exposed to some significant downside risks if the world economy continues to slow as has been widely predicted. Accounts of the republic of trinidad and tobago for the fiscal year 2016. Eca employers consultative association of trinidad and. It is a budget meant to stabilize trinidad and tobagos shaky economy, and chart a medium and long term course.
Within this years budget, the government has put its focus on rebuilding the economy and making attempts to come out of a deficit. In 2016, economic policy management in trinidad and tobago was. Bud 2016 7 madam speaker, this country has long been integrated into the international economic and financial system. Departmental budgets by program 285 policy and implementation. Our budget memorandum, entitled collaborating for economic prosperity highlights our views on the fiscal measures presented by the minister of finance, the honorable colm imbert on monday 5 october, 2015. Open budget survey 2015 trinidad and tobago section 1. The statistic shows trinidad and tobagos budget balance in relation to gdp between 2014 and 2018, with projections up until 2024. Putting the economy on a sustainable path, delivered by the minister of finance, the honourable mr. Home budget statement publication budget statement 2016.
Trinidad and tobago budget 2014 caribbean elections. Parlview is a live and on demand webcasting service. This 2020 budget is the fifth budget of this pnm administration. Trinidad and tobago fiscal budget report fy201516 restoring confidence and rebuilding trust.
Ministry of finance and the economy sustaining growth, securing prosperity presented by. The 2018 national budget of the republic of trinidad and tobago. Trinidad and tobago national budget 2017 highlights the. Cv 201603339 in the matter of the estate of annettelena eltine charles late of no.
Key points presented as per the budget statement are. The 2019 budget has been presented by finance minister colm imbert in parliament. This page provides trinidad and tobago government budget actual values, historical data, forecast, chart, statistics, economic calendar and news. The budget for 2016 was presented by the honorable minister of finance on 5 october 2015. Guide to budget 2020 trinidad and tobago parliament. The table also shows the final legislative appropriations for the biennium. The availability of budget documents contains a series of four tables that allow the researcher to examine and map the public availability and dissemination of its countrys key budget documents i. Trinidad and tobago on may 20, 2016, the executive boar d of the international mone tary fund imf concluded the. The minister has committed to completing this process by the end of 2016 by establishing. You have the ability to access on the go live and archived streams of video andor audio, on the hous. Pwc offers analysis and insight and our view of its implications for the country and business. Only institutions and programmes accredited by the accreditation council of trinidad and tobago will receive funding. Finance minister colm imbert, presented the 2017 budget statement in the trinidad and tobago parliament on september 30 2016. But this achievement comes as our industry is at a crossroads.
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