During fiscal year 2026, emphasis will be placed on building public institutions and infrastructure, empowering citizens through education and job opportunities, fostering safety and justice within our society while strengthening the economy through diversification, ease of doing business and wider use of advanced technology. To support the implementation of these priorities, an overall 2026 PSIP…
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…
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 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 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.