Pre-Budget Review: Expenditure Constant, Fiscal Gap Widens.

This week, we at Bourse conclude our two-part series leading up to the Trinidad & Tobago budget for FY2017/2018. Having reviewed last week the trends in government revenue, largely a factor of lower contributions from the energy sector, we turn to the expenditure side of the budget equation. Finally, we consider the possible options available to the Government to address what is likely to be a deficit budget in the coming fiscal year.