The Tobago House of Assembly (THA) has called on its divisions to limit their expenditures for the fiscal year 2026. This directive was announced by THA Secretary of Finance, Trade, and Economy, Petal Ann Roberts, during a media briefing following a post-budget retreat held at the Mt Irvine Bay Hotel on October 29. The retreat, chaired by THA Chief Secretary Farley Augustine, focused on the fiscal 2026 budget allocations and the assembly’s five percent share of the national budget. Discussions included last year’s achievements and challenges, as well as future policies and actions. Roberts emphasized the retreat’s inclusive nature, with inputs from all secretaries, assistant secretaries, and administrators on their achievements, strategies, and cost-saving measures. The THA has received a total of $2.96 billion, including allocations for Cepep and URP programs, which are crucial for Tobago’s development. The strategy discussed aims to constrain expenditures to fiscal 2025 levels, with a shift of approximately $300 million from recurrent to development, bringing the revised development allocation to $501 million. Six priority areas were identified: tourism, agriculture, digital transformation, human capital development, investment in micro, small, and medium enterprises, and infrastructure. Health, education, and community development were also highlighted as critical areas. Roberts will present a revised budget detailing the projects, their impact, and costs at an upcoming house sitting. Augustine confirmed that a full re-prioritization will be provided within two weeks from October 29.