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PEI government projects $410M deficit, requiring difficult budget decisions.
The Prince Edward Island government has projected a $410 million deficit for the upcoming fiscal year.
Officials warn that to address this shortfall, difficult decisions including program cuts, tax increases, or reallocation of funds will be necessary.
The projection is driven by rising costs in healthcare, education, and infrastructure, alongside slower economic growth and inflation.
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El gobierno de PEI proyecta un déficit de $410M, lo que requiere decisiones presupuestarias difíciles.