In a significant move aimed at easing the financial burden on citizens, Trinidad and Tobago’s Finance Minister, Davendranath Tancoo, has announced an immediate $1 reduction in the price of super high-octane gasoline. This decision, unveiled during the 2026 national budget presentation on October 13, marks the first measure of the new fiscal plan designed to benefit all citizens of the nation. Tancoo emphasized that the reduction was a direct initiative of Prime Minister Kamla Persad-Bissessar, reflecting the government’s commitment to restoring affordability and fostering economic fairness. ‘This is the first announcement by this caring government in this budget that would benefit every single citizen of TT,’ Tancoo stated. The price cut took effect immediately, offering broad-based relief to the public. The move aligns with the United National Congress (UNC) administration’s campaign promises to review energy pricing and ensure citizens are not unfairly overcharged. It also reverses part of the previous People’s National Movement (PNM) administration’s phased removal of fuel subsidies, which had led to consistent increases in pump prices over the past decade. The announcement underscores the current government’s focus on addressing economic disparities and providing tangible benefits to the populace.