Opposition Leader Pennelope Beckles has warned of “unrealistic promises” ahead of the United National Congress’ first national Budget today.
Responding to questions from Guardian Media yesterday, Beckles said she will be watching closely as the Government presents its first budget, warning that citizens should brace for “excuses and unrealistic promises” instead of meaningful relief.
She said the UNC administration must use this first budget to clearly outline its short, medium and long-term national development framework, while also maintaining policy continuity in key social and economic programmes initiated by the former People's National Movement government.
“I would be very curious to see where there would be continuity in policies undertaken by the previous government because, for some of the development programmes in youth, entrepreneurship and skills training, continuity is required.”
Beckles said she expects the Government’s fiscal package will fall short of campaign promises, blaming the administration for creating high expectations during the election campaign while now being constrained by tight fiscal realities.
“I expect that the Government’s budget will not deliver on many of its promises on the campaign trail. They will make a lot of excuses for not being able to do or offer more and will cast blame for the Budget’s many shortcomings on the previous administration,” she stated.
Highlighting revenue challenges amid sluggish energy production and the repeal of the Revenue Authority, Beckles questioned whether the Property Tax Act would resurface “in some incarnation,” given that it has not been repealed.
She also expressed concern about rising unemployment and the “social crisis” emerging in several communities, saying she will look for immediate and long-term policy interventions in education, healthcare, and national security, which she described as “major and ongoing spending areas.”
“Tens of thousands of workers are on the breadline and a social crisis is developing in our communities. I would like to see what policies are put in place to bring immediate and long-term relief to people,” Beckles said.
The Opposition Leader warned that given the country’s narrow fiscal space, any budgetary “goodies” offered to citizens will likely be offset by cuts elsewhere.
“If ‘goodies’ are given in one hand, something will be taken away with the other. We would be vigilant to see where these cuts are taking place and especially the impact.”
Beckles added that with the latest data showing a slowdown in economic activity in 2025 after three years of growth, the Government must now focus on reviving growth, resolving the foreign exchange shortage, and creating jobs.
“This Government must outline a plan to rejuvenate growth, tackle the worsening forex issue and get people back to work again,” she said, cautioning that the UNC is likely to “cast caution to the wind” by making unrealistic promises that could inflate expectations and worsen the country’s debt position.
The national budget will be presented in Parliament by Finance Minister Dave Tancoo from 1,30 pm.