The minimum wage will be increased from $15 to $17.50 per hour, said Finance Minister Colm Imbert during his presentation of the 2019/2020 budget for Trinidad and Tobago yesterday.
The increase becomes effective December 1 and will impact approximately 194,000 people in the workforce. Delivered under the theme “Stability, Strength and Growth”, the presentation received tepid reactions in some quarters by those who viewed it as an ‘election budget’.
Other notable measures presented were the elimination of arrival forms at airports, the provision of 6,000 housing solutions by the end of 2020, a ban on Styrofoam in the food industry and the use of plastic water bottles in government offices beginning in the New Year and the creation of daycare centres for children under three years old for female-headed households which meet set criteria.
The major fiscal allocations in the budget are:
No new taxes were announced.