In a significant development for public sector employees, Finance Minister Davendranath Tancoo announced during the 2025/2026 national budget presentation at the Red House on October 13 that the Prime Minister has directed the Chief Personnel Officer (CPO) to submit a revised salary offer of ten per cent for the periods 2014-2016 and 2017-2019. This move aims to conclude long-standing negotiations with civil service statutory authorities and the Tobago House of Assembly. Minister Tancoo emphasized the government’s commitment to ratifying collective agreements signed in 2025 between the CPO and various associations, unions, and committees representing the teaching service, defense force, and municipal corporations of Port of Spain and San Fernando. The financial implications of these agreements are substantial, with an estimated annual recurrent cost of $234 million and arrears amounting to $730 million as of December 2025. To address these obligations, the government plans to collaborate with Republic Bank, First Citizens Bank, and the National Insurance Board to devise a comprehensive solution. This announcement marks a critical step in resolving protracted salary disputes and underscores the administration’s focus on public sector welfare.
