And so while those budget cuts are threatening to cripple the operational aspects of many government departments, the PM conceded that it is a balancing act-a kind of fiscal tightrope.
John Briceno:
"So we have to find a balance because we also have to be responsible with the budget-we can't throw it through the window. So we are doing some cuts. We look at the recurrent part of the budget in areas where we are not tied down, like for instance salaries and pensions and scholarships-monies for scholarships that we can't take back. And in other ways, we are looking at reducing 25% and have the ministries for them to decide how best they are going to manage with that."
"And then we go to Cap 2; then we were trying to make some cuts there where we can save some monies and take that money to be able to use it to address some of the cost-of-living challenges that our people are facing."
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