AGP Executive Report
Last update: 8 hours agoPublic Finances: The Central Bank says the economy contracted 0.5% in 2025, while government debt reached TT$146.9 billion, about 84% of GDP. Rising household borrowing and overdue consumer loans add to risks for banks, businesses and growth. Spending Oversight: Homeland Security Minister Roger Alexander is demanding a breakdown of more than TT$93 million in TTPS telephone costs over four years, as the Government reviews inherited spending. Africa-Caribbean Trade: Ghana’s foreign minister urged willing countries, including Trinidad and Tobago, to move ahead with integration. A new report says trade between the regions could reach US$1.65 billion annually by 2030. Tourism Connections: Condor has resumed weekly Frankfurt–Tobago flights, adding to the island’s international links; more than 37,000 passengers travelled to Tobago during Carnival. Business Finance: TSTT raised about US$481 million through a debt refinancing, while economists warn that rising household debt could weigh on lending and economic activity.
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