FINANCE Minister Larry Howai yesterday unveiled a $61.4 billion budget, yet again the largest in the country\u2019s history.<\/p>\nBy Andre Bagoo
\nSeptember 10 2013<\/i><\/p>\n
FINANCE Minister Larry Howai yesterday unveiled a $61.4 billion budget, yet again the largest in the country\u2019s history.<\/p>\n
The 2014 package \u2014 the PP Government\u2019s fourth \u2014 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. Howai avoids major changes<\/a> Car dealers: Customs duty hike ill-advised<\/a><\/p>\n CAL\u2019s $300m fuel subsidy removed<\/a><\/p>\n PM promises: No property tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By Andre Bagoo September 10 2013 FINANCE Minister Larry Howai yesterday unveiled a $61.4 billion budget, yet again the largest in the country\u2019s history. The 2014 package \u2014 the PP Government\u2019s fourth \u2014 includes what the Minister said was also the largest-ever capital programme of $8 billion. However, the deficit projection will shrink relative to … Continue reading $61 billion Budget<\/span>
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\nThe package saw the minister announce that a special fund will be set up to compensate the victims of car accidents involving uninsured drivers; Land and Building Taxes would return on a phased basis, but low income homes would get concessions; the $504 million fuel subsidy for Caribbean Airlines Limited (CAL) would be removed; a system of health cards would be introduced as a precursor to a national health system; 2,750 houses would be built in three years; and 6,000 new police officers and SRPs would be recruited.
\nFull Article: newsday.co.tt<\/a><\/em><\/p>\n
\nSome new and foreign-used car buyers will pay more from next month, an electronic health card is being introduced and homeowners will be the last to resume paying land and building tax in a phased-in regime between 2014 and 2017. <\/p>\n