Trinidad & Tobago 2016

Trinidad & Tobago
Oct 2015 – Sep 2016
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$6.5 - 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 - $9.8Bn 14.76% UP 42.89%.. 15
The Ministry of National Security – 66.51%.. 16
The Trinidad & Tobago Police Service (TTPS) – 33.49%.. 22
Human Development - $18.5Bn 27.90% UP 2.78%.. 24
The Ministry of Education – 41.97%.. 25
The Ministry of Health – 26.09%.. 26
The Ministry of Social Development and Family Services – 25.85%.. 28
The Ministry of Community Development, Culture and the Arts – 3.30%.. 30
The Ministry of Sport and Youth Affairs – 2.79%.. 31
Infrastructure Management - $13Bn. 19.88% DOWN 0.20%.. 33
The Ministry of Public Utilities – 30.10%.. 34
The Ministry of Works and Transport – 21.44%.. 36
Tobago House of Assembly (THA) – 20.81%.. 41
The Ministry of Rural Development & Local Government – 16.99%.. 42
The Ministry of Housing and Urban Development – 10.66%.. 45
Economic Drivers - $4.7Bn 7.12% DOWN 34.87%.. 47
The Ministry of Energy and Energy Industries (MEEI) – 39.16%.. 48
The Ministry of Agriculture, Lands and Fisheries – 24.90%.. 49
The Ministry of Planning and Development – 9.43%.. 51
The Ministry of Foreign and CARICOM Affairs – 9.34%.. 52
The Ministry of Communication – 6.35%.. 53
The Ministry of Labour and Small Enterprises Development – 4.49%.. 53
The Ministry of Trade & Industries (MTI) – 3.37%.. 54
The Ministry of Tourism – 2.98%.. 55
Fiscal Policy - $17Bn 25.68% UP 14.86%.. 56
The Ministry of Finance – 43.58%.. 57
Charges on Account of the Public Debt – 38.19%.. 61
Pensions and Gratuities – 18.24%.. 62
Governance - $3.1Bn 4.67% UP 11.14%.. 63
The Ministry of Public Administration & The Personnel Department – 40.78%.. 64
The Judiciary & The Industrial Court – 16.20%.. 64
The Ministry of the Attorney General and Legal Affairs – 16.19%.. 64
Other Heads of Expenditure involved in Governance – 12.97%.. 64
The Office of the Prime Minister – 8.63%.. 65
The President & The Parliament – 5.22%.. 74