Shane Superville
While education and skills training continues to receive the largest allocation in the national budget, funding for the sector has dipped compared with the previous fiscal year.
The sector has been allocated $8.033 billion for fiscal 2026-2027, $743 million less than the $8.776 billion allocated in 2025-2026.
Despite the reduction, it remains the third-highest allocation to education and skills training over the past seven years.
Finance Minister Davendranath Tancoo, during his Budget presentation today, announced several new initiatives for the sector, including $6.6 million for the AI in Education Programme, NEXTCLASS TT and ELEVATE TT.
A further $100 million will be allocated to provide laptops for schoolchildren.
The fiscal package also includes the PEARL initiative, which will assist 16,000 children with cognitive abilities, along with enhanced digital education and electronic learning resources targeting 200,000 students, 12,000 teachers and 1,500 administrators.
The Government will also construct After School Study Centres for students in Forms One to Three at 100 schools.
Tancoo also outlined measures aimed at increasing parental involvement in education, including training 300 facilitators for parent support teams and creating a National Parent Portal.
The Government also plans to introduce a Parental Responsibility Act, which the Budget statement said would emphasise education and nurturing as a shared responsibility between the home, school and state.
Education and skills training allocations:
* 2026-2027: $8.033 billion
* 2025-2026: $8.776 billion
* 2024-2025: $7.512 billion
* 2023-2024: $8.022 billion
* 2022-2023: $7.453 billion
* 2021-2022: $6.886 billion
* 2020-2021: $7.973 billion
* 2019-2020: $7.548 billion