00:00The revenues that were available to the THC as of the 31st of January, 2026, was $1.244.3 billion
00:11from the central government.
00:13$54 million was collected in terms of tax revenues up to that similar period, and the unspent balances from fiscal
00:242025 collected so far was $157.9 million.
00:31What the data is saying?
00:33It's that the total revenues or monies that are available to this administration for the period October 1st, 2025 to
00:43January 31st, 2026 was $1.456 billion.
00:50Expenditure. The total expenditure as of the 31st January, 2026 as follows.
00:56Recurrent expenditure. We have so far spent, excluding commitments in the total to Big House of Assembly, $732.3 million.
01:08Under the development program, we have so far actually spent $41.5 million.
01:15CPEP, $9.1 million.
01:18URP, $18 million.
01:21The finance secretary said the shortfall in releases from the relevant ministries for CPEP and URP was funded from unspent
01:30balances brought forward from fiscal year 2025.
01:34We made payments to contractors for inherited liabilities and other liabilities under Division of Infrastructure of $37.2 million.
01:45We gave support to students who were affected by Hurricane Melissa, Tobago students, sorry, who were affected by Hurricane Melissa
01:54in Jamaica, a total of $520,000.
01:58The total gratuity spent up to January 31st, 2026 was $19.1 million.
02:08The Tobago House of Assembly has dismissed suggestions of electioneering in its recent expenditure with the finance secretary firmly debunking
02:18any notion of politically motivated spending by the assembly.
02:23She maintained that the THA's financial allocations and initiatives were carried out in keeping with approved budgets and established procedures,
02:34stressing that no funds were being used to influence electoral outcomes.
02:39Elizabeth Williams, TV6 News.
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