AGP Executive Report
Last update: 3 hours agoEconomic Outlook: The World Bank expects Trinidad and Tobago’s economy to shrink 0.2% in 2026, after a 0.5% decline in 2025, before a projected 2.5% rebound in 2027. Energy and Jobs: Nutrien’s decision to shut its Point Lisas nitrogen operations indefinitely puts about 350 jobs at risk and deepens concern over unreliable gas supplies. The Energy Chamber is urging measures in the 2027 Budget to revive oil and gas investment as production falls. Credit Rating: CariCRIS reaffirmed T&T’s CariAA sovereign rating with a stable outlook, citing financial-sector strength and adequate reserves, despite subdued growth. Central Bank: A new five-year plan sets out to make the Bank more agile and technology-driven, with a focus on identifying risks and strengthening financial stability. Employment: Massy Cat workers face potential retrenchment as the group transfers its Caterpillar business to MACORP; the final number of affected employees is still being determined. Regional Links: Contour Airlines has launched twice-weekly nonstop service between Trinidad and Dominica, adding another regional travel option.
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