Story Created:
Oct 1, 2012 at 10:50 PM ECT
Story Updated:
Oct 1, 2012 at 11:12 PM ECT
San Fernando Business Association (SBA) president Daphne Bartlett was pleased that the price of regular gasoline remained untouched in the People's Partnership budget 2012/2013.
And she felt Minister of Finance Larry Howai presented a "well thought out" Budget, following consultation with all sectors.
"Generally I would grade it good. I would say I am happy to know that the Minister did not remove the subsidy from regular gas. Premium gas was increased and that's okay because the people who use premium gas can afford to pay the price," she said.
The price in premium gas was increased from $4 to $5.75 per litre.
Bartlett said an increase in the price of regular gasoline would have caused a ripple effect, with increases in transportation, goods and services.
Bartlett said she was enthused to learn that items raised in a meeting between the SBA, Howai and Prime Minister Kamla Persad-Bissessar were addressed in the budget presentation, including the removal of taxes on security systems.
She said the reduced prices of closed-circuit television (CCTV) cameras would reduce the burden on the Minister of Security.
"We have also been advocating for a car park for our city and the mantra these days is that they don't have money. We allocated a spot and when we met with the Prime Minister and Minister of Finance we indicated that we could get involved and build a carpark to assist people who come to our city and they approved that," she said.
Bartlett said the construction of hospitals in Point Fortin, Arima, Sangre Grande and Chaguanas were not new initiatives.
But she was pleased that the maritime economy and ship building and repair industry was being revived.
"Sport is good for the development of youth and the fact that they are going to be building a National Aquatic Centre and National Tennis Centre is good. If you want to produce world champs in tennis you have to have proper training facilities and it's good they are looking at that.
"The recreation ground upgrade and playgrounds that are being upgraded are also good for communities. In the long run that can curb crime...when people can go out and let out steam that is a way of reducing crime in your country," she said.
The reduction of this country's food bill by 50 per cent and improvements in the health sector have also impressed Bartlett.
"But making this presentation is one thing and implementing it is another, so I guess we'll just have to wait and see what happens," she said.
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