AGP Executive Report
Last update: 9 hours agoTourism and Trade: Tobago businesses report a strong Carnival, with accommodation above 80% occupancy and estimated spending of more than $20 million across food, beverage and entertainment. Condor has also resumed weekly Frankfurt–Tobago flights, restoring a key link to the German market. Public Spending: The Transparency Institute warns recent procurement amendments have weakened safeguards over billions in state expenditure; the 2027 budget projects a $3.639-billion deficit. Energy: Heritage Petroleum says its S-946 offshore well is testing above 800 barrels per day, more than 25% above forecast. T&T and Ghana are also exploring new investment and expanded oil-and-gas partnerships. Construction: The Court of Appeal dismissed Rock Hard’s challenge to the former cement-import quota and licensing system, which the Government suspended in 2024.
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.