During fiscal year 2026, emphasis will be placed on building public institutions and infrastructure, empowering citizens through education and job opportunities, fostering safety and justice within our society while strengthening the economy through diversification, ease of doing business and wider use of advanced technology. To support the implementation of these priorities, an overall 2026 PSIP allocation of $4,100.0 million is proposed for the implementation of programmes and projects by Central Government, Local Government Bodies and the Tobago House of Assembly (THA).

In pursuit of more effective and efficient implementation of capital development initiatives, the Ministry of Planning, Economic Affairs and Development, which has responsibility for managing the PSIP, will be enhancing its strategic approach to the preparation of the Programme. Beginning in fiscal year 2026, it will take steps to shape the PSIP to reflect a medium-term outlook, allowing for more coherent and cohesive planning and the establishment of a robust pipeline of high-impact projects.

In addition, the Ministry will continue to engage the public sector executing agencies with a view to resolving implementation constraints , improving the performance of the PSIP towards achieving development objectives, and accounting for public finances. Further, the Project Planning and Reconstruction Division (PPRD) of the Ministry will persist in working collaboratively with the agencies, providing day-to-day guidance on managing their programmes and projects in the PSIP.