Thursday, November 23, 2017

Is sharing the burden good economics?*


The table above indicates that $751 billion was spent by the various administrations in T&T between the 2001 and the 2017 fiscal years. If the 2018 allocation is included, some $801 million would have been spent in that 17-year period. By my calculations, $373.54 billion was allocated to transfers and subsidies in the period 2001 to 2017 with $28.35 billion estimated to be spent on transfers and subsidies in 2018. That brings the total transfers and subsidies allocation, either spent or estimated to be spent to over $400 billion between 2001 and 2018. 

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