Daily Archive for September 10th, 2013

$61 billion Budget

By Andre Bagoo
September 10 2013

ParliamentFINANCE Minister Larry Howai yesterday unveiled a $61.4 billion budget, yet again the largest in the country’s history.

The 2014 package — the PP Government’s fourth — includes what the Minister said was also the largest-ever capital programme of $8 billion. However, the deficit projection will shrink relative to overall productivity coming in at $6.3 billion or 3.6 percent of GDP.
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Speaker Puts Out Volney

By Sean Douglas
September 10, 2013 – newsday.co.tt

GordonSpeaker Wade Mark removed St Joseph MP Herbert Volney, “with immediate effect” from the House of Representatives moments after yesterday’s Budget Speech, in an unprecedented invocation of the “Crossing of the Floor” provisions of the Constitution.

Volney resigned from the United National Congress (UNC) — on which ticket he had been elected to the House on May 24, 2010 – after being fired as Justice Minister over the “section 34” scandal, and has since joined the Independent Liberal Party (ILP).
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