Promises kept, lives changed

The 2026 budget presented by Finance Minister Davendranath Tancoo under the new UNC administration marks a pivotal moment for Trinidad and Tobago. More than a fiscal plan, it represents a bold declaration of national renewal, addressing long-standing issues and delivering tangible benefits to citizens. The budget, meticulously crafted and confidently unveiled, underscores the government’s commitment to fulfilling its mandate and addressing urgent national needs. It focuses on repairing the damage of the past decade, particularly for workers, retirees, students, and families who have been marginalized for years. The document acknowledges the financial challenges inherited, including rising debt, depleted savings, and weakened public services, but shifts the focus from blame to action. Within just 150 days, the administration has made significant strides: distributing land leases to former Caroni workers, repairing hundreds of schools, providing book grants and laptops to students, and revitalizing abandoned hospitals and flood-prone communities. The government has also taken steps to stabilize employment by transitioning Cepep, URP, and reforestation workers into permanent roles, while addressing public servants’ concerns through salary increases and job security measures. Retirees have not been overlooked, with over 6,000 pension applications being processed and private pension income now exempt from taxation. A notable measure is the $1 reduction in the price of super gasoline, directly benefiting working families and small businesses. Beyond immediate relief, the budget emphasizes long-term reform, modernizing the Inland Revenue Division and revitalizing the energy sector through agreements with Exxon Mobil and the development of the Dragon field. While the budget’s tone is firm and unapologetic, calling out past failures and demanding accountability, its focus on delivering real change has resonated with citizens. This budget is not just a fiscal document; it’s a responsible and transformative step toward national renewal.