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Live blog: BUDGET 2023 - Trinidad and Tobago Newsday

The 2023 budget will be read in Parliament by Finance Minister Colm Imbert at 1.30 pm.

Join us for live coverage and updates with reactions from citizens, analysts, economists, and other stakeholders.

This will be Imbert's seventh budget presentation since he was appointed finance minister on September 11, 2015.

In the aftermath of the covid19 pandemic, amid heightened fuel and food prices, it could also arguably be the most challenging one he has presented to date.

Use the hashtag #ttbudget2023 to join the discussion.

 

He said $500 million will be used to complete stalled or existing projects, another $500 million to pay debts owed to contractors and suppliers, and $500 million for constructing new housing units.https://t.co/LVMCC7COvt

— T&T Newsday (@Newsday_TT) September 26, 2022

Imbert said the government will adjust the criteria for accessing GATE. He said students with good standing, enrolled in accredited institutions and programmes will qualify if they completed an initial programme of study.#ttbudget2023

— T&T Newsday (@Newsday_TT) September 26, 2022

3 GOVT GUARANTEED LOANS FOR THE HDC totaling to $1.5 billion.

Finance Minister Colm Imbert said $500 million will be used for stalled or existing projects, $500 mil for debt owed to contractors and $500 mil for the construction of new housing units. @Newsday_TT

— Narissa Fraser (@rhopico) September 26, 2022

He said the difference in revenue would be better spent in social grants, where $5.4 billion is spent per year, food support, on which $175 million is utilised, disability grants at $630 million, and social assistance grants, which cost $355 million.https://t.co/9lsgAsolSF

— T&T Newsday (@Newsday_TT) September 26, 2022

Finance Minister Colm Imbert said the government has allocated $300m for agricultural incentives, infrastructure and programmes.#ttbudget2023

— T&T Newsday (@Newsday_TT) September 26, 2022

Finance Minister Colm Imbert says that right now, the 4 % proposed increase in wages to public sector workers is the best the government can do.#Budget2023 @Newsday_TT

— Narissa Fraser (@rhopico) September 26, 2022

Finance Minister Colm Imbert said the government has allocated $300m for agricultural incentives, infrastructure and programmes.#ttbudget2023

— T&T Newsday (@Newsday_TT) September 26, 2022

Finance Minister Colm Imbert says that right now, the 4 % proposed