By: Trinidad Guardian

Wednesday September 08,

Budget 2010/2011

2:15 pm Government will divest CL Financial assets to regain funds

2:17 pm HCU: Government will repay $75,000 to depositors.

2:20pm Government will cease Alutrint and Rapid Rail. Will establish a new plan for the South West Peninsula.

2;20pm Government plans to introduce bicycle patrols for police officers.

2:21pm Government reviewing Poverty Reduction Programme and introduce Medical Feeding Programme.

2:25 pm GOvernment will buy out shareholders of the Trinidad and Tobago Mortgage Finance Company and list the company on the local Stock Exchange

2:26 pm Steps to be taken to include more women in State Boards

2:26 pm Government will promote sport tourism: training camps on off season

2:28 pm Government will establish a covenant to the people of T&T with regard to taxes.

2:30 pm Government will expand the energy sector. New fiscal regime introduced. Explore the development of alternative energy.

2:33 pm Government will seek to export intellectual expertise in the energy sector

2:35 pm A new innovative system will be introduced to realign economy

2:36 pm Government will focus on small business development

2:37 pm Government will develop new ship building programme in the new fiscal year

2:37 pm Partner with the Artists Coalition for additional funding to the music industry and the creation of a Hall of Music.

2:39 pm Government will support the fashion industry to create thriving businesses.

2:39 pm Set up a Children's Education Plan to ensure all children can reach tertiary education

2:42 pm Point Fortin hospital will be completed in 2013

2:42 pm Government will re-start the National Oncology Centre

2:43 pm Dookeran: food import bill too high

2:45 pm Agriculture must be made profitable. An ambitious infrastructure programme for the sector. ADB will be restructured.

2:46 pm Tourism: Government will expand the tourism product. Upgrade all tourism sites. 251 room Radisson hotel and a luxury resort in Tobago

2:49 pm Government will introduce Waste Recycling industry. The goal is to give birth to new entrepreneurs and promote a clean, safe environment

2:51 pm Government has begun rationalisng State assets.

2:56 pm The UTC will be under the regulatory oversight of the Central Bank

3:00 pm T&T to focus on increasing its power generation capacity.

3:01 pm Expanded terminal at Scarborough airport

3:02 pm Motor Vehicle Authority to be established at Ferderick Settlement, Caroni

3:02 pm A port for Felicity as well as a science park

3:05 pm Government will develop the South Western Peninsula

3:06 pm A new highway from San Fernando to Point Fortin

3:05 pm A new industrial estate in Point Fortin

3:07 pm Underground tunnel from Tunapuna to Maracas Valley

3:12 pm Expand industrial sites for non energy goods

3:13 pm Fiscal year: 2010 record a deficit of 3.5 per cent of GDP

3:14 pm Government expects private setor investment to reach $3 billion

3:15 pm Dookeran expects an economic growth rate of 3 to 4 per cent

3:16 pm Budget: $49 billion. Deficit of $7.7 billion

3:19 pm Oil price: US$65 a barrel. Natural gas: $2.75

3:20 pm Revenue projects: $15.2 billion from the energy sector

3:21 pm. Financing of deficit will be done in the local market.

3:22 pm Removal of custom duties on CNG kits for cars

3:26 pm Reduce interest rates at the ADB to 3-5 per cent

3:29 pm People who litter will pay a fine of $2000