AGP Executive Report
Last update: 3 hours agoPublic Finance: Central Bank data says T&T’s fiscal deficit narrowed to $1.72bn for Oct 2025–Apr 2026 as non-energy collections rose, while energy revenue fell. Sovereign Debt: Government closed a US$800m bond in the US, priced at a 6.20% coupon and oversubscribed about 400%, with proceeds to repay August 2026 notes and support the budget. Trade & Investment: The TT Chamber is sending businesses to Canada (Aug 27–Sep 2) with a “market readiness” focus—training, certifications and sales prep before travel—while also pushing deeper ties via MoUs with Guyana’s chamber. Regional Shipping & Cost of Living: CARICOM leaders agreed to use T&T’s vessel as a temporary cargo-ferry “proof of concept” to cut intra-regional freight costs, with cargo prioritised for viability. CARICOM Governance: T&T’s objection on the CARICOM SG reappointment process is set for a CCJ advisory opinion, keeping the current status quo until the ruling. Business Climate: Trade Minister Maharaj played down fears around Nestlé’s dairy/juice restructuring, arguing investor confidence is strong and local firms should step in. Cybersecurity: Government is investigating recent cyber incidents affecting several ministries and State agency sites, with officials saying disruptions may involve known vulnerabilities exploited by bots. Land & Legal: Cabinet rescinded Blue Waters land lease decisions and the AG has forwarded the matter to police. Energy/Infrastructure Liability: A fisherman’s family alleges T&TEC negligence after an electrocution, while legal action is being pursued.
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