Sharing The Pie

August 2007 | Ratings Update

With the general election expected in November, the government is under pressure to boost spending, with shortcomings in the provision of health and housing a recent focus of press and politicians. Although socio-economic indicators are improving, poverty and income inequality remain an issue and, with energy prices booming anew, Prime Minister Patrick Manning has little choice but to respond as he seeks re-election. Official budget spending for the fiscal year 2006/2007 will now be TTD41.0bn, up from TTD38.0bn originally. The extra allocation of TTD3.1bn is to meet additional public sector wage costs. Further spending demands are likely ahead of the

If you would like to subscribe to Caribbean Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Caribbean Monitor please click on the trial link below.