AGP Executive Report
Last update: 11 hours agoBudget 2027: Finance Minister Davendranath Tancoo presented a $63.368-billion budget targeting a $3.639-billion deficit, down from $7 billion. Health receives $8.061 billion, education $8.033 billion and national security $7.321 billion. A five-cent surcharge will apply to residential electricity use above 3,000 kWh per billing period, while VAT on foreign digital services is proposed from March 2027. Digital Tax: EY and PwC say key details remain unclear, including which services will be taxed and how the system will work for businesses and overseas platforms. Tobago Funding: Tobago will receive $3.473 billion, below the THA’s $4.12-billion request; Chief Secretary Farley Augustine said he was disappointed. Airport Shift: Caribbean Airlines moves all Tobago flights to ANR Robinson’s new East Terminal on October 14; passengers must follow new limits on liquids in hand luggage, including on domestic flights. Sparrow Farewell: Public viewing for the Mighty Sparrow opened in Port of Spain today ahead of his October 16 state-assisted funeral. Child Privacy: The mother of a 13-year-old girl found after going missing is calling for police action after a volunteer search group posted videos showing her face.
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