Trinidad & Tobago
Oct 2016 – Sep 2017
Country Report
Foreign Direct Investment
Money needs a safe haven to grow, with a geographic location accessible to numerous key markets, a multitude of mixed races and cultures, a long history of peaceful political change, cheap energy, strong banking laws, highly skilled work force, a fair tax regime and a free market floating currency exchange system (TT$6.7 - US$1). Trinidad & Tobago, in the Caribbean, is a small corner with a very maneuverable economy that offers both Asset Protection and Competitive Returns on Investment.
TT Fund – Information Memo
Contents
Resource Preservation - $7.4Bn 13.05% DOWN 2.49%
The Ministry of National Security – 60.34%
The Trinidad & Tobago Police Service (TTPS) – 39.66%
Human Development - $16.3Bn 28.90% DOWN 0.31%
The Ministry of Education – 32.59%
The Ministry of Health – 33.69%
The Ministry of Social Development and Family Services – 29.09%
The Ministry of Community Development, Culture and the Arts – 2.64%
The Ministry of Sport and Youth Affairs – 1.99%
Infrastructure Management - $11.3Bn. 19.97% DOWN 2.22%
The Ministry of Public Utilities – 25.38%
The Ministry of Works and Transport – 22.03%
Tobago House of Assembly (THA) – 20.65%
The Ministry of Rural Development & Local Government – 22.10%
The Ministry of Housing and Urban Development – 9.84%
Economic Drivers - $3.1Bn 5.48% DOWN 8.18%
The Ministry of Energy and Energy Industries (MEEI) – 30.38%
The Ministry of Agriculture, Lands and Fisheries – 26.76%
The Ministry of Planning and Development – 11.13%
The Ministry of Foreign and CARICOM Affairs – 8.97%
The Ministry of Labour and Small Enterprises Development – 13.90%
The Ministry of Trade & Industries (MTI) – 6.25%
The Ministry of Tourism – 2.61%
Fiscal Policy - $16Bn 28.20% UP 11.16%
The Ministry of Finance – 36.89%
Charges on Account of the Public Debt – 45.51%
Pensions and Gratuities – 17.61%
Governance - $2.5Bn 4.39% UP 0.58%
The Ministry of Public Administration & Communication; The Personnel Department – 45.10%
The Judiciary & The Industrial Court – 17.86%
The Ministry of the Attorney General and Legal Affairs – 13.75%
Other Heads of Expenditure involved in Governance – 8.35%
The Office of the Prime Minister – 9.17%
The President & The Parliament – 5.77%
