In a significant development for Tobago, the central government has allocated $3.72 billion to the island for the fiscal year 2026. The announcement was made by Finance Minister Davendranath Tancoo during the budget presentation in the House of Representatives on October 13. Minister Tancoo highlighted that the allocation includes $2.96 billion directly to the Tobago House of Assembly (THA), representing 5% of the national budget. Additionally, an extra $763 million will be allocated to various ministries operating in Tobago, bringing the total to $3.72 billion, or 6.3% of the national budget. Minister Tancoo emphasized the government’s commitment to Tobago’s development, stating, ‘When UNC wins, Tobago wins.’ This substantial funding is expected to support the THA’s national agenda and enhance the island’s infrastructure and public services.