Governance 2020

(An extract from Foreign Direct Investment 2020)

This category, allocated 4.31% of the nation’s total expenditure, as reported by the office of the Auditor General 2018 and 4.21% in the 2019 revised estimates, while estimating 5.55% for 2020 up by 41.43%, as published by the Ministry of Finance, consist of positions, offices, agencies and ministries that monitors good, moral and ethical, behavior. Noting that, A nation's development is badly hindered and retarded by individual greed; corrupt public officers, bias reporting, unfair hiring practices, slow justice, unbalance dispute settlements, unlawful opinions, compromised records, a lack of transparency, general back room dealings, selling executive influence, misusing presidential privilege, laws to benefit the few rather than the many, practices and actions which have to be avoided, rooted out, dealt with and, ultimately replaced by Good Governance.

Fiscal Policy 2020

(An extract from Foreign Direct Investment 2020)

Investment, Employment and Social Benefits are the opportunities essential for nation building. However, the nation's capability to earn from its present or projected revenue streams, increasing productivity, currently carries much less influence, when compared to the nation's power or ability to borrow and, of course, service and repay the debt. In other words, it is presently easier to borrow than to diversify. Fiscal policy, functioning on a budgetary allocation; 32.48% of the nation’s total expenditure, as reported by the office of the Auditor General 2018 and 33.74% in the 2019 revised estimates, while estimating 31.46% for 2020 down by 0.01%, as published by the Ministry of Finance.

Economic Drivers 2020

(An extract from Foreign Direct Investment 2020)

The nation's revenue, to fund the service of the nation and offset its total annual expenditure, comes from the collections of taxes, duties and royalties, Returns on Investment and Sale of Assets. Such revenue generating activities are encouraged and facilitated via Economic Drivers, which designs, implements and reviews the conditions for investment, employment and, the resulting, recurrent taxation. Operating on 3.55% of the nation's total expenditure, as reported by the office of the Auditor General 2018 and 3.70% in the 2019 revised estimates, while estimating 4.64% for 2020 up by 34.28%, as published by the Ministry of Finance. Economic Drivers are administered by the Ministries of Energy and Energy Industries, Agriculture, Lands and Fisheries, Planning and Development, Foreign and CARICOM Affairs, Labour and Small Enterprise Development, Trade and Industries, and Tourism.

Infrastructure Management 2020

(An extract from Foreign Direct Investment 2020)

It has been long realized and accepted that Infrastructure Management directly affects productivity; outputs driven by comfortable and safe work and play spaces, such as; water and electricity, industrial parks, administration offices, community centers, open parks, transport hubs, roads and bridges, etc. Utilizing 20.75% of the nation’s total expenditure, as reported by the office of the Auditor General 2018 and 19.73% in the 2019 revised estimates, while estimating 18.69% for 2020 up by 1.55%, as published by the Ministry of Finance, the Infrastructure Management category consist of the ministries of Public Utilities, Works and Transport, the Tobago House of Assembly, the ministries of Rural Development and Local Government, and Housing and Urban Development.

Human Development 2020

(An extract from Foreign Direct Investment 2020)

The progress of any country, nation, society is driven by its human resource and the development of such; its citizenry, its people, its skills and talents. Noting that, growth industries and job creation are as a direct result of investment in ideas, and the only true source of ideas is the human being. A population that is educated, healthy, well-adjusted as a society, contributing in the community, supporting culture and the arts, participating in competitive sport and encouraging the youth, will build and maintain a happy, respectful, caring and sharing nation. The Human Development category consist of budgetary allocations, 28.91% of the nation’s total expenditure, as reported by the office of the Auditor General 2018 and 29.18% in the 2019 revised estimates, while estimating 28.83% up by 5.95% for 2020, as published estimates by the Ministry of Finance.