The formulation of the PSIP 2023-2025 was based on an evaluation and prioritisation of projects against key policy measures and strategies as outlined in Vision 2030. The second planning horizon 2021-2025 was also informed by the Roadmap for Recovery Report (RRR) and Community Recovery Report CRR). Accordingly, the three-year PSIP 2023-2025 focuses on nine (9)…
The Social Sector Investment Programme (SSIP) 2023 examines the socio-economic environment of Trinidad and Tobago, and the strategic developments made toward attaining social transformation. It also provides an overview of the national social context by scrutinizing existing and new social sector initiatives, as well as investments made by the key social sector Ministries, and the Tobago…
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…
The 2023 PSIP will fund medium-term developmental priorities, seek to create the environment that will enable diversification of the economy, improve social conditions with a focus on youth development at all levels and improve the quality of life of citizens from birth to adulthood. These investments also include initiatives that support rebuilding of the economy,…
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…
The Public Sector Investment Programme (PSIP) is a strategic investment plan of the Government of the Republic of Trinidad and Tobago in the formulation of the National Budget which reflects public investment against national priority areas for development. The PSIP comprises programmes and projects of Ministries, Departments and Agencies (MDAs) designed to achieve national strategic…
The Social Sector Investment Programme (SSIP) 2021 examines the social milieu of Trinidad and Tobago, and highlights all progress made toward attaining social transformation and development. It also provides an overview of the national social context by examining existing and new social sector initiatives, and the investments made by the key Social Sector Ministries and…
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.
