AGP Executive Report
Last update: 23 minutes agoEconomic Outlook: The Central Bank says Trinidad and Tobago’s economy contracted 0.5% in 2025 as public debt climbed to TT$146.9 billion, or about 84% of GDP. Rising household borrowing and overdue consumer loans add to concerns about financial stability and growth. Telecoms: TSTT raised about US$481 million through a refinancing that extends debt repayments by seven years; its union is asking what the stronger financial position means for wage talks. Energy: Energy Minister Roodal Moonilal says US licences for the Dragon and Loran-Manatee gas projects remain secure, with a metering agreement for Loran still to be completed. Tourism: Condor has resumed weekly Frankfurt–Tobago flights, while more than 37,000 passengers travelled between the islands during Tobago Carnival, highlighting demand for air and sea links. Trade: A new Africa–Caribbean report sees potential for annual trade in goods and services to reach US$1.65 billion by 2030, with opportunities in food, chemicals, tourism and transport.
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