Tobago to receive $3.47B in Budget 2027

Fi­nance Min­is­ter Dav­en­dranath Tan­coo has an­nounced a to­tal al­lo­ca­tion of $3.473 bil­lion for To­ba­go in fis­cal 2027, rep­re­sent­ing 5.48 per cent of the Na­tion­al Bud­get.

Pre­sent­ing the 2027 Bud­get in Par­lia­ment to­day, Tan­coo said $2.756 bil­lion would be al­lo­cat­ed di­rect­ly to the To­ba­go House of As­sem­bly (THA), rep­re­sent­ing 4.35 per cent of the Na­tion­al Bud­get.

A fur­ther $716.5 mil­lion will be spent by var­i­ous gov­ern­ment min­istries on ser­vices and projects for the ben­e­fit of To­ba­go.

“I am pleased to an­nounce that this Gov­ern­ment is al­lo­cat­ing $2.756 bil­lion to the To­ba­go House of As­sem­bly for Fis­cal 2027, rep­re­sent­ing 4.35 per cent of the Na­tion­al Bud­get,” Tan­coo said.

“How­ev­er, there is more. In ad­di­tion, a fur­ther $716.5 mil­lion will be spent by var­i­ous min­istries on ser­vices and projects for the ben­e­fit of To­ba­go.”

He added that the com­bined al­lo­ca­tion for To­ba­go would amount to $3.473 bil­lion, equiv­a­lent to 5.48 per cent of the Na­tion­al Bud­get.