Performance under Trinidad’s State Enterprises Investment Programme has remained fairly steady over the years against the ebbs and flows of the international economic landscape. Total investment in fixed capital by the State Enterprises sector for 2024 is projected to be just over$4,200 million. Of that sum, approximately 80 percent is expected to be incurred between…
National Budget Statement 2025 presented by the Honourable Colm Imbert, MP, Minister of Finance in the House of Representatives on Monday 30th September, 2024.
Ministries, Departments and Agencies (MDAs) have been working assiduously to build their capacity to effect the Act in accordance with the Procurement Regulations and the requirements of the Office of Procurement Regulation (OPR). The OPR has been providing guidelines to assist MDAs in undertaking procurement activities. In this regard, the Public Sector Investment Programme 2024…
Following four years of turbulence triggered by a devastating pandemic, deepening geo-economic fragmentation, surging inflation, and widespread monetary policy tightening, the global economy in 2024 seems to be trending toward a ‘soft landing’. According to the International Monetary Fund’s (IMF) latest projections, growth for 2024 will hold steady around 3.2 percent owing to markets rebounding…
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…
