The Opposition People’s National Movement (PNM) has expressed concerns over the government’s fiscal management ahead of the budget presentation scheduled for October 13. Opposition Leader Penelope Beckles, speaking at a media briefing on October 10, highlighted the challenges posed by declining oil prices and production, which are critical to the nation’s revenue. With oil prices hovering around US$50 per barrel, Beckles questioned how the government plans to address the budget deficit, given the numerous promises made during the April 28 general election campaign. Former Finance Minister Colm Imbert echoed these concerns, stating that the government faces significant hurdles due to reduced oil revenues. Imbert emphasized that the budget estimates, unless inflated, will not meet the revenue requirements to sustain the country’s operations. He projected a budget expenditure of approximately $60 billion but warned that generating such revenue would be ‘very, very difficult.’ Imbert also criticized the government’s decision to abolish property tax and shut down the TT Revenue Authority, questioning the administration’s strategy for revenue generation. Beckles raised additional concerns about job losses, particularly in programs like Cepep, URP, and the Reforestation Programme, which were discontinued earlier this year due to allegations of corruption. She highlighted the plight of over 40,000 individuals left unemployed and called for urgent government action. Both Beckles and Imbert stressed the importance of timely salary payments, recalling instances where pensioners were unable to cash their cheques due to insufficient funds. The opposition leaders urged the government to address these issues transparently and responsibly in the upcoming budget.