Tobago wants $4.71b from Central Government

The Tobago House of Assembly (THA) is asking for $4.71 billion in its 2021 budget presentation.

This includes funding for development programmes and recurrent estimates as well as provisions for Community-Based Environmental Protection and Enhancement Programme (Cepep) and Unemployment Relief Programme (URP).

Secretary for the Division of Finance and the Economy Joel Jack made the budget presentation on Monday morning.

For 2021 total tax revenues are estimated $197.2 million. The total estimated revenue is $198.3 million.

Last year the THA requested $4.72 billion from Central Government – $3.26 billion for recurrent expenditure and $1.45 billion for the development programme. The island received $2.229 billion at the national budget – $1.97 billion for recurrent expenditure, $231.63 million for capital expenditure and $18 million for URP.