T&T'S deficit set to increase as Government seeks to pay VAT refunds
  • last year
From the figures presented by the finance minister, this country's fiscal deficit will be around $5 billion more than projected. This is largely due to the over $3 billion supplementation to pay outstanding bills.

However, in his mid-year budget review, Colm Imbert said the non-energy sector is performing well and the country's overdraft limit is healthy...

And as Akash Samaroo tells us, there's some good news for businesses waiting on vat refunds.