National Budget Fiscal 2022/23: Major Budgetary Allocations

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National Budget Fiscal 2022/23: Major Budgetary Allocations

Major Budgetary Allocations – Fiscal 2022/23

Total Budget Revenue Projected – $56.175 billion

Total Budget Expenditure – $57.685 billion

Expected Deficit – $1.51 billion

 

Major Allocation By Ministry

  • Education and Training – $7.453 billion
  • Health – $6.892 billion
  • National Security – $5.798 billion
  • Works and Transport – $3.748 billion
  • Public Utilities – $2.823
  • Rural Development and Local Government – $1.887 billion
  • Agriculture – $1.330 billion
  • Housing – $0.974 billion

 

Tobago House of Assembly 2022/23 Allocation –  2.521 billion dollars ($185mil increase from 2021/22 allocation)

Recurrent Expenditure –  2.194 billion dollars

Capital Expenditure – 300 million dollars

Unemployment Relief Programme – 18 million dollars

Community-Based Environmental Protection & Enhancement Programme (CEPEEP) – 9.2 million

This allocation to the Assembly represents 4.3 percent of the national budget.

 

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