Government of the Republic of Trinidad and Tobago

Tag: Public Sector Investment Programme Tobago

Public Sector Investment Programme Tobago 2020

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

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 2016

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.