The Finance Minister says the International Monetary Fund "has zeroed on the fact" that if the Government is "not prudent with public sector wage negotiations" the nation "could have a widening fiscal deficit."
The was one of the key points he highlighted as he sought to address issues arising from the IMF's 2023 Article Four Consultation with Trinidad and Tobago.
But if the deficit increases in this fiscal year, will the Government cut back on capital expenditure?
Juhel Browne has the details.