AGP Executive Report
Last update: 3 hours agoBudget Debate: Government has rejected Opposition claims that Trinidad and Tobago is in recession, while the 2027 budget faces scrutiny over its growth assumptions and reliance on new taxes. Public Spending: An OPR inquiry found serious procurement and financing flaws in a proposed $3.48 billion HDC housing project, including contracts involving a supplier reported to be insolvent. Housing Minister David Lee, meanwhile, says more than 3,300 homes are planned over 15 months. Services and Security: The budget allocates another $60 million to refurbish UWI’s long-idle South Campus and $10 million for police and Air Guard drone units, as prison drone breaches remain a concern. Port of Spain’s mayor says budget increases for the corporation largely cover back pay, leaving less for community services. Cost of Living: Pensioners welcome a $250 grant increase, but TTARP wants the eligibility cap raised to $6,000 so more seniors can qualify. State Assets: The Government’s proposed sale of Hilton Trinidad, Magdalena Grand, National Quarries and LABIDCO continues to draw concern over jobs and the future of public ownership.
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