Independent Senator and economist Dr. Marlene Attzs has raised significant concerns about Trinidad and Tobago’s 2025/2026 national budget, stating that it lacks critical details and may fail to achieve its people-centered objectives. Speaking during the Senate budget debate on October 27, Attzs acknowledged the budget’s ‘Trinidad and Tobago first’ approach as commendable but emphasized that fairness must be the guiding principle in evaluating its policies and priorities. She argued that a credible budget must go beyond good intentions and address pressing issues such as crime, foreign exchange shortages, and rising debt. Attzs highlighted the absence of a target debt-to-GDP ratio and questioned the government’s plan to borrow $18.96 billion, particularly the shift toward foreign borrowing, which could increase costs and exchange risks. She also criticized the closure of social programs like Cepep and URP, which provided employment and environmental benefits, and questioned whether the $475 million unemployment fund in the budget adequately replaces them. Attzs stressed the need for fiscal responsibility and sustainability, warning that borrowing to fund consumption could burden future generations. She called for a comprehensive national employment strategy that includes former Cepep and URP workers.
Independent Senator Attzs: Budget falls short of people-centred goals
