Budget snippet: $2.521b allocation for Tobago

Finance Minister Colm Imbert has announced that the Tobago House of Assembly (THA) will receive an allocation of $2.521 billion in the 2022-2023 budget.

This represents 4.3 per cent of the budget, Imbert said on Monday in the Parliament Chamber, Red House, Port of Spain.

Of that sum, Imbert said $194 million will be allocated for recurrent expenditure, $300 million for development and $9.2 million for CEPEP.

Tobago received $2.357 billion in last year’s budget.