AGP Executive Report
Last update: 2 hours agoEnergy & Industry Policy: T&TEC says it has a “protected list” that can block disconnections for some customers, but admits there’s no published policy, criteria, or board record explaining how entities were added, now under legal review. State Enterprise Performance: National Enterprises Limited (NEL) reports TT$237m net profit for the six months to March 31, driven by unrealised fair value gains, and reiterates its 90% dividend payout policy. Business Climate & Reforms: Chambers and business groups broadly welcome the mid-year review but press for faster action on FX access, VAT refunds, and competitiveness, warning implementation will decide whether growth follows the fiscal signal. Energy Outlook & Fiscal Tweaks: Economist Dr Vaalmikki Arjoon backs proposed Finance Bill changes for marginal gas fields and pension taxation, saying lower royalties and better capital allowances could unlock stranded supply and investment. Local Security & Agriculture: Farmers in Carlsen Field call for more police patrols after a homicide and rising incidents, including attempted home invasions and cattle theft. Regional Energy Linkages: Phoenix Park Gas Processors (PPGPL) and GuyGas are named top-ranked for operations and maintenance of Guyana’s Gas-to-Energy Phase 1 NGL plant, with Cabinet clearing negotiations. Wage Settlements: Prison and postal workers’ unions react to Finance Minister Tancoo’s promise of provisions in the 2027 budget to settle union obligations, with “nothing less than 10%” cited by the TTPWU.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.