Prime Minister, Kamla Persad-Bissessar

Prime Minister Kamla Persad-Bissessar has announced that Monday September 8th will be Budget day.

She made the revelation at 3 this morning.

Finance Minister Larry Howai is expected to present the national expenditure proposal for the year 2014-2015 from 1:30pm on that day.

Last year’s national budget was $61.3 billion with a deficit of $6.3 billion. It was based on an oil price of US$80 per barrel & natural gas price of US$2.75 per mmbtu.

Education and skill training received the largest chunk of the budget with national security, second and health, third.