Budget debate heads to Senate today
MEMBERS of the Senate are scheduled to begin debate on the 2012 / 2013 budget which was presented by Finance Minister Larry Howai on October 1.
Debate on the proposed measures commenced four days later with Opposition Leader Dr Keith Rowley and was passed on October 10 in the Lower House of Parliament at Tower D, International Waterfront Centre, Wrightson Road, Port of Spain.
In his contribution, Rowley accused Government of "panic budgeting". Rowley said it was the "worst budget statement ever presented" during his years as a Member of Parliament. The budget, he said, moved from austerity to the largest expenditure and a huge deficit.
In winding up the debate, Howai defended Government's decision to raise the price of premium gasoline to $5.75 a litre. He denied a claim by Diego Martin North East MP Colm Imbert that the move was in breach of the Petroleum Levy and Subsidy Act.
The debate in the Upper House is expected to begin at 10 a.m.