Peters hoping for big returns as NCC gets $147m for Carnival 2023

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Peters hoping for big returns as NCC gets $147m for Carnival 2023

With a budget of $147 million at their disposal, the National Carnival Commission (NCC) is hoping for big returns on the investment for Carnival 2023.

NCC Chairman, Winston Peters, in a GML interview, said “Carnival to us is not just wine and jam, it is an investment. The Government invests that money in Carnival and the profit margin on Carnival is a very high one, so it is not wasted money and the money that we spend on Carnival goes right back into the pockets of Trinidadians and Tobagonians in the shortest possible time for the work that they do.”

He added that the money that they spend, the investment that the Government makes in Carnival sustains a lot of people in this country on a short-term basis and on a long-term basis.

Peters said the foreign exchange that comes in during the festivities were a big boost to the economy.

He said T&T is still planning for the much-touted “Mother of all Carnival,” noting that “We have to retain our space as the best Carnival in the world.”

Peters said they are trying to ensure that all the infrastructure necessary of the festivities are completed well on time so that the NCC can focus on fine tuning other areas.

“Work is apace at the Savannah. Quite apart from that, we have people working off site as well doing other things that would be taking place around there,” he said.

Carnival Monday and Tuesday are set for February 20 and 21 in 2023.