AGP Executive Report
Last update: 3 hours agoMid-Year Budget Review: Finance Minister Davendranath Tancoo says salary relief for nurses and teachers is coming, with monetary allocations to be included in the 2026/2027 budget package after ongoing negotiations, as Parliament absorbs an extra $2.93b. Ratings & Investor Signals: Colm Imbert disputes government credit for Moody’s upgrade, arguing it’s driven by oil-linked factors, while officials tout the improved outlook as boosting confidence; Guaracara Refinery chair Gowtam Maharaj says the shift strengthens prospects for the refinery restart. Energy & Investment Pipeline: Energy Minister Roodal Moonilal flags new interest from TotalEnergies and Petronas, plus Occidental exploring the South West marine area. Venezuela Gas Deals: Reuters reports Shell signed five new agreements with Venezuela, including Loran and Dragon gas developments with potential export volumes for Trinidad’s LNG infrastructure. Paria/Trafigura Concern: Former energy minister Stuart Young questions whether the state is moving to sell Paria assets to Trafigura, warning it could undermine fuel security. Tobago Airport Terminal: The ANR Robinson terminal is fully certified for operations; Tobago vendors fear being priced out of the new commercial spaces, while THA says it’s satisfied with its mid-year allocation for projects including Scarborough Secondary School and airport outfitting. One Health & AMR: Dr Rajeev Nagassar warns antimicrobial resistance is spreading through farms, rivers, livestock, food systems and medicine cabinets, urging a One Health approach. SME Financing: IFC confirms a US$15m investment in a CARICOM resilience debt fund targeting SME lending and resilience projects. Governance for CSOs: CSOs have until June 20 to access free online governance, financial management and HR certification via the IG-NITE CSOs Micro-Credential Scholarship.
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