AGP Executive Report

Last update: 5 hours ago

Mid-Year Budget Review: Finance Minister Devendranath Tancoo faces mounting pressure as Parliament prepares to absorb an extra $2.93bn for 2026, lifting the budget from $59.232bn to about $62.162bn, with unions and business groups pushing for clarity on jobs, wages and spending. Finance Bill Scrutiny: Opposition Senator Dr Margaret Satya Rose warned the Finance Bill 2026 could weaken transparency and accountability, while supporters say it includes targeted support for public safety services. Telecoms Regulation: TSTT won part of its appeal against TATT over interconnection price caps, with the court ruling TATT had jurisdiction but failed to consult before implementing the caps. Energy & Investment Signals: Moody’s upgraded T&T’s outlook to stable, boosting renewed interest in restarting the Pointe-a-Pierre refinery, as officials say investor confidence has improved. Aviation & Infrastructure: Tobago’s ANR Robinson airport terminal is fully certified and ready for opening after handover of operating documents, warranties and compliance approvals. Oil & Gas Deal: Occidental bought a 10% working interest in offshore Block TTUD-1 from ExxonMobil, with seismic work expected to guide any drilling decision later this year. Governance Row: PNM is calling for probes and Padarath’s removal after allegations of intimidation of parliamentary staff during a Standing Finance Committee audio dispute. Central Bank Fraud Case: The Central Bank filed a High Court suit to recover nearly $18.8m tied to an alleged forged $20m government cheque. Tourism Watch: Tourism stakeholders head into the budget review with modest expectations but want action on marketing, airlift, arrivals, infrastructure, crime perceptions and foreign exchange constraints.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Adroit Infosystems spotlights digital workflows at Trinidad healthcare symposium

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CTO honors Caribbean media winners and launches CTO TV in New York

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Risk assets rally as Brent slips to $83 on US-Iran framework peace agreement - Newsquawk EU Market Open

Risk assets rally as Brent slips to $83 on US-Iran framework peace agreement - Newsquawk EU Market Open

Tobago airport terminal fully certified, ready for opening

Tobago airport terminal fully certified, ready for opening

BANKED, BUT FOR HOW LONG? CARIBBEAN BANKING FACES STRATEGIC CROSSROADS AS CORRESPONDENT ACCESS THINS AND STABLECOINS RESHAPE GLOBAL PAYMENTS

BANKED, BUT FOR HOW LONG? CARIBBEAN BANKING FACES STRATEGIC CROSSROADS AS CORRESPONDENT ACCESS THINS AND STABLECOINS RESHAPE GLOBAL PAYMENTS

Satya Rose raises red flags over Finance Bill

Satya Rose raises red flags over Finance Bill

Doodnath Maharaj -From the beating heart of the trade union movement

Doodnath Maharaj -From the beating heart of the trade union movement

US and Iran reached an agreement on an interim peace deal - Newsquawk Daily Asia-Pac Market Open

US and Iran reached an agreement on an interim peace deal - Newsquawk Daily Asia-Pac Market Open


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Jun. 10, 2026

Adroit Infosystems Highlights Digital Healthcare Workflows at CCFP Trinidad WFDD Symposium

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Jun. 3, 2026

USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

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