Public Sector Investment Programme Tobago – Ministry of Finance

Public Sector Investment Programme Tobago 2026

Ministry of Finance — Mon, 13 Oct 2025 21:00:42 +0000

Given the legal mandates, the THA remains committed to providing effective governance by transforming Tobago into “the greatest little island on the planet”. This is done through sustainable development investments in programmes and projects under the Public Sector Investment Programme (PSIP).

The PSIP forms the capital investment component of the National Budget and is funded by the Consolidated Fund (CF) and the Infrastructure Development Fund (IDF). This is a vital planning and budgeting tool that enables the Government to translate its long-term vision and policy objectives into tangible projects. Through these funding mechanisms, the PSIP plays a crucial role in advancing Tobago’s growth and improving the quality of life for all as it relates to fiscal year 2026 theme – Trinidad and Tobago First: Building Economic Fairness Through Accountable Fiscal Policies.

Click to view

Public Sector Investment Programme Tobago 2025

Ministry of Finance — Mon, 30 Sep 2024 14:02:07 +0000

The focus of the THA is to make Tobago “the greatest little island on the planet” through the implementation of projects and programmes under the Public Sector Investment Programme (PSIP).

The PSIP represents the capital expenditure component of the National Budget and is an instrument used by Government to affect its vision and policies. It is a budgeting and strategic planning tool made up of projects and programmes, designed to achieve the goals set out in the Government’s overarching policy. It is a mechanism by which scarce resources are allocated to areas of national priority.
The Central Government through the Consolidated Fund (CF) and the Infrastructure Development Fund (IDF) provides financing for the national PSIP, including the Tobago PSIP. The aim of the Tobago PSIP is to develop the island and by extension, improve the lives of the citizens, by implementing the policies and plans of the Vision 2030 National Development Strategy (NDS) 2016-2030 (Vision 2030) and the Comprehensive Economic Plan 2.0.

Click to view

Public Sector Investment Programme Tobago 2024

Ministry of Finance — Sun, 01 Oct 2023 15:17:31 +0000

Click to view

Public Sector Investment Programme Tobago 2023

Ministry of Finance — Mon, 26 Sep 2022 19:53:51 +0000

The Public Sector Investment Programme (PSIP) is the investment plan utilised by the Government of the Republic of Trinidad and Tobago (GORTT) for the achievement of the national development objectives. The PSIP is funded by the Central Government through the Consolidated Fund and the Infrastructure Development Fund. Tobago’s PSIP consists of all the programmes and projects executed by the Divisions within the Tobago House of Assembly (THA).

The THA’s mandate is to formulate and implement policy in Tobago on matters proclaimed in the Fifth Schedule of the THA Act, 40 of 1996. In keeping with the THA’s policy mandates, the Tobago PSIP is geared towards highlighting the specific requirements of the island as reflected in the national PSIP agenda.

Click to view

Public Sector Investment Programme Tobago 2021

Ministry of Finance — Mon, 05 Oct 2020 19:58:17 +0000

Strong and robust policy to guide the development of the nation’s economy become more significant in an environment of fiscal constraints whereby investment must yield results. As such, the emerging programmes must be articulated to achieve the socio-economic objectives of Government’s policy. The Public Sector Investment Programme is a strategic management tool utilise to implement these goals and policies. The projects and programmes are intended to address structural deficiencies in the economy and provide the platform and enabling environment for capital formation, employment, infrastructure development and facilitation of the efficient delivery of public goods and services. Funding for the PSIP is provided through monetary and fiscal policies instituted by the Government

Click to view

Public Sector Investment Programme Tobago 2020

sfadmin — Mon, 07 Oct 2019 22:57:41 +0000

Tobago currently stands at the critical juncture of an economic turnaround and in this regard, the role of the Public Sector Investment Programme (PSIP) in propelling the island to a clear path of development cannot be understated. Tobago’s population and labour force positive growth rates would necessitate a higher demand for goods and services, as well as the supporting demand for PSIP funding.

Public Sector Investment Programme Tobago 2019

sfadmin — Mon, 01 Oct 2018 20:45:49 +0000

The outlook of the country following the global financial realities have expectantly impacted on the national economy and the national policy initiatives in response to these externalities placed the island in the mode of strategic re-direction. Among the national goals like moving towards a balanced budget, diversification and fiscal stabilisation, the tenor is mirrored in Tobago despite the obvious macroeconomic differences between the islands. In light of the decline in revenues from the energy sector, national output from the non-energy sector and the overall continuation of fiscal discipline, the Tobago House of Assembly (THA) shared the economic fortunes at the national level.

Public Sector Investment Programme Tobago 2018

sfadmin — Wed, 04 Oct 2017 16:33:52 +0000

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.

Public Sector Investment Programme Tobago 2017

sfadmin — Wed, 12 Oct 2016 20:30:04 +0000

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.

Public Sector Investment Programme Tobago 2016

sfadmin — Mon, 05 Oct 2015 18:31:12 +0000

The 2016 Public Sector Investment Programme (PSIP) for Tobago is intended to position the island as an equal partner in development of the country. As revenue streams from the oil and gas industry decline, Tobago’s economic and social advancement will provide an avenue for stability as the process to diversify the national economy continues. In this context, the 2016 Tobago PSIP and the investments proposed therein will play a vital role in setting the foundation for national progress.