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.
The Public Sector Investment Programme (PSIP) is a strategic investment management tool used by the Government of the Republic of Trinidad and Tobago to transform its vision and policies into tangible programmes and projects. These projects and programmes are designed to realise the goals set out in Government’s overarching National Development Strategy (NDS) 2016 – 2030 (Vision 2030). The results of which are reflected in improvements in the quality of life, socio-economic built infrastructure and utilises greater efficiency and more effective governance systems.
The Social Sector Investment Programme (SSIP) examines the social landscape of Trinidad and Tobago, highlighting progress made towards attaining social transformation and development. It provides an overview of the international, Caribbean and national social situations; examines existing and new social sector initiatives and the investment made by the key social sector Ministries and the Tobago House of Assembly (THA) towards social development during the 2019 fiscal year and social sector plans for the 2020 fiscal year.
State Enterprises Investment Programme 2020