2018 Budget Fiscal Measures
2018 Budget Fiscal Measures
2018 Budget Fiscal Measures
Tobago has not been spared from the adverse economic effects that the country
encountered due to lower commodity prices in the energy sector that translated into a reduction in
Government Revenue. The THA has made the necessary adjustments to adapt to the changing
national and international realities.
The Public Sector Investment Programme (PSIP) is a budgeting and strategic planning tool employed by the Government of the Republic of Trinidad and Tobago to translate its vision and policies into tangible projects and programmes. These projects and programmes are designed to realise the goals set out in Government’s overarching Draft National Development Strategy (NDS) 2016 – 2030 (Vision 2030) which is ultimately geared towards improving the quality of life for the citizens of Trinidad and Tobago.
The 2017 Public Sector Investment Programme (PSIP) for Tobago is intended to position
the island as an equal partner in the development of the nation and diversify the Tobago’s local
economy. In this regard, 2017 Tobago PSIP and the investments proposed will play a crucial role
in setting the foundation for national advancement.
The Public Sector Investment Programme (PSIP) is the instrument used by Government to
effect its vision and policies. Its a budgeting and strategic planning tool made up of projects and
programmes which are designed to realise the goals set out in Government’s overarching policy
Vision 2030. This tool is an essential part in the linkage of national policies and strategies with
measurable results and outcomes. As a result, the PSIP plays a pivotal role in the development
cycle of Trinidad and Tobago.
The Social Sector Investment Programme (SSIP) reports
on the annual investment of the Government of the
Republic of Trinidad and Tobago (GoRTT) towards
achieving the national human and social development
objectives. The document outlines the initiatives of the
key social sector Ministries and the Tobago House of
Assembly (THA) for the 2015/2016 fiscal year, and plans
for fiscal 2016/2017.
Statutory Boards 2016 – Final Book
Revenue 2016 Final
Recurrent Expenditure 2016 – Final
Expenditure 2016 – Final Book