标签: Trinidad and Tobago

特立尼达和多巴哥

  • Backlash for Beenie

    Backlash for Beenie

    Iconic Jamaican dancehall legend Beenie Man, whose legal name is Moses Davis, has released a public video address to Trinidad and Tobago to defuse widespread online furor that erupted after a recent viral interview clip appeared to position Jamaica as the original birthplace of Caribbean Carnival, a claim that directly contradicts T&T’s long-documented centuries-old Carnival heritage. The controversial remarks first emerged last week during a sit-down with Shani Kulture, a Queens-based radio host on New York’s Hot 97 station. In the widely shared snippet, Kulture pressed the veteran artist for confirmation that Jamaica’s Carnival predated Trinidad and Tobago’s, asking “So just for clarity, Jamaica started Carnival before Trinidad? You’re standing on that?” Beenie Man immediately affirmed the assertion, attributing the milestone to the late legendary Jamaican producer and musician Byron Lee, widely celebrated as the “Father of Jamaican Carnival” for formally launching Jamaica’s national Carnival celebration on April 22, 1990, in downtown Kingston. “Remember Trinidad Carnival was junkanoo and all of them thing there. It wasn’t the big truck and them. Byron Lee started them thing there,” Beenie Man stated in the interview, adding that anyone who took the time to verify historical records would confirm his framing. The comments immediately ignited a firestorm across Trinidadian social media platforms, as generations of T&T residents pushed back fiercely against the narrative that erased their nation’s Carnival heritage, which traces its formal origins back to 1783 and stands as one of the most sacred cornerstones of Trinidad and Tobago’s national cultural identity. Thousands of users flooded feeds with playful but pointed memes mocking the star, including satirical “Beenie Man fact” posts that absurdly claimed fellow Jamaican dancehall icon Sean Paul had invented T&T’s beloved signature street food doubles, while some joked that the artist’s erroneous take stemmed from a past romantic heartbreak involving a Trinidadian woman of mixed descent. To add authoritative context to the debate, local media outlets reached out to Dr. Jerome Teelucksingh, a prominent historian at the University of the West Indies St Augustine Campus, who offered a measured, fact-based breakdown of Carnival’s cross-regional lineage. “Carnival has ancient roots stretching all the way back to Egypt and pre-modern civilizations, layered with deep French cultural influence and a uniquely Trinidadian interpretation that cannot be replicated, with iconic traditional mas elements such as Moko Jumbies that are entirely our own,” Teelucksingh explained. He further emphasized that Trinidad’s Carnival ranks among the earliest documented such festivals in the entire Caribbean, born when enslaved African communities under 19th century British colonial rule playfully subverted the elite French settler class’s private masked balls and public celebrations to create a distinct, people-centered cultural tradition. “Nearly all English-speaking Caribbean Carnival traditions share similar emancipation-era origins, for example Grenada’s festival grew directly out of 1834 Emancipation Day celebrations,” he added in a follow-up email statement, noting that unfounded viral claims like Beenie Man’s were unfortunate distractions that risked fostering unnecessary division across the Caribbean region. In his subsequent damage-control video address, Beenie Man moved quickly to walk back the widely misinterpreted remarks, stressing that he had never intended to challenge Trinidad and Tobago’s well-documented status as a Carnival pioneer. “Let me clear up this for you. I was only speaking about my personal experience with Carnival in Jamaica and the role that Byron Lee played, bringing the big parade trucks, road marches and street party energy to our local festival,” he stated. “I could never, ever come and steal away nothing from Trinidad. I don’t speak about Trinidad with anything but respect. I love Trinidad and Trinidad knows I love them and I know Trinidad loves me. All I was referencing was my own lived experience growing up here in Jamaica, watching Byron Lee build our local bashment-style Carnival from the ground up.” He concluded the address with a full affirmation of T&T’s cultural legacy: “Please don’t get me wrong. Trinidad Carnival is Trinidad Carnival. It started from way back when. There is no hatred to Trinidad. I love you all. Blessings, respect.” The high-profile cultural dispute marks the second time in as many years that Beenie Man has landed in hot water with Trinidadian audiences over viral comments about their national heritage. In February 2025, he drew widespread condemnation during an appearance on the Drink Champs podcast with hosts N.O.R.E. and DJ EFN, when he stated that he refused to eat doubles – T&T’s iconic curried chickpea-filled street snack – because even stray dogs would not consume the food, a remark that prompted a wave of backlash and a subsequent public apology video from the artist.

  • ROBBED LEAVING BANKS

    ROBBED LEAVING BANKS

    A prominent regional security consultant is pushing for a rigorous, coordinated investigation into a spate of targeted robberies that specifically target individuals immediately after they complete large cash withdrawals from local financial institutions, warning that the rising trend may point to sophisticated organised criminal networks rather than random opportunistic crimes. Dr Garvin Heerah, a widely respected specialist in regional public safety issues, laid out his evidence-backed concerns in a weekend interview with local outlet the Trinidad and Tobago Express, days after two separate violent robbery incidents unfolded on the same date, October 20, that left two female victims severely assaulted and stripped of tens of thousands of dollars in cash. The first October 20 incident unfolded when a 37-year-old woman from the Arima area withdrew $20,000 from a bank branch located inside Trincity Mall, only to be physically attacked and robbed by assailants shortly after leaving the premises. Hours later, a 56-year-old woman who had just withdrawn $22,000 from a separate bank branch was accosted and robbed outside a popular Adam’s Bagels location in Maraval. Law enforcement officials confirmed that their preliminary assessments indicate both women were tracked inside their respective financial institutions before being followed to their eventual attack sites, and 10 total male suspects were detained in connection with the two back-to-back incidents. Official compiled records show that at least eight identical targeted robbery cases have been publicly documented across the country so far this year, with the total combined value of stolen cash from these cases reaching $380,500. Local police have previously flagged the existence of so-called “bandit sleeper” operatives deployed by criminal groups, who pose as ordinary customers inside bank branches. These well-dressed operatives are trained to monitor transaction counters to spot customers who are receiving large sums of physical cash, and even use the distinct audio of bank cash-counting machines to identify high-value targets. Once a mark is identified, the sleeper relays detailed descriptions of the victim’s appearance and clothing to waiting accomplices posted outside the financial institution, who then initiate the surveillance and eventual robbery. Dr Heerah emphasized that while unproven, there are legitimate lines of inquiry that investigators must explore, including the possibility that criminal networks may have access to confidential customer transaction data, potentially facilitated by compromised insiders with access to restricted financial institution systems. He repeatedly clarified that these are critical investigative questions, not pre-determined conclusions, and explicitly warned against making unsubstantiated public accusations against bank staff or financial operators before formal evidence is collected. The security expert laid out a clear roadmap for the Trinidad and Tobago Police Service to conduct a structured, intelligence-led probe: cross-reference all recorded robbery cases to identify shared suspects, matching modus operandi, consistent surveillance tactics, common getaway vehicle descriptions, and overlapping communication trails that could link seemingly isolated incidents to a single coordinated network. He also called for formal, structured partnerships between law enforcement, local financial institutions, and national intelligence agencies to trace the full supply chain of the criminal operations, moving beyond arresting low-level street assailants to identify the masterminds, facilitators, and financiers backing the string of attacks. To reduce public risk, Dr Heerah issued a series of actionable safety guidelines for residents: avoid discussing large cash transactions in public spaces, opt for secure electronic fund transfers whenever possible instead of withdrawing large sums of physical cash, and remain alert for any vehicles or individuals that appear to be trailing after leaving a financial institution. He explicitly advised residents not to confront suspected followers directly, and instead to travel immediately to a well-populated, high-visibility public location to contact law enforcement if they believe they are being targeted, rather than returning home or moving to an isolated area. He also urged all members of the public to promptly report any suspicious activity near bank branches to authorities, and preserve any relevant footage or information that could support active investigations. For financial institutions, Dr Heerah recommended a full top-to-bottom review of existing security protocols, including staff access controls for sensitive customer data, customer privacy protection frameworks, CCTV coverage across all public and semi-public areas of branches, and standardized procedures for staff to flag and report suspicious individuals loitering inside banking premises. He noted that organised criminal operations do not always rely on elaborate, high-profile tactics, and often succeed by exploiting predictable public routines, gaps in routine security, and unauthorized access to information that should remain strictly confidential. Dr Heerah concluded that the multi-agency investigation must be designed to deliver tangible public safety protections, without stoking unnecessary widespread public fear or eroding public trust in the country’s formal financial system.

  • ‘Don’t focus  on Nagar alone’

    ‘Don’t focus on Nagar alone’

    A former 10-year executive board member of Trinidad and Tobago’s National Council of Indian Culture (NCIC) is urging a far-reaching, systemic review of governance frameworks for all local cultural organisations, following a high-profile wave of state-linked sponsor withdrawals from the iconic annual Divali Nagar festival. Visham Bhimull, who served on the NCIC leadership team from 2015 to 2025, issued the call in the wake of recent announcements that major public and semi-state entities including bmobile, National Flour Mills, First Citizens Bank and Caribbean Airlines would pull their planned sponsorship for this year’s event, shortly before local beverage brand Blue Waters stepped forward as the headline diamond sponsor. The sequence of events has sparked a flurry of partisan political commentary across public and social media platforms, but Bhimull emphasized that no assumptions about unsubstantiated motives behind the sponsor withdrawals should be circulated without concrete evidence. Instead, he argued, the public discourse should shift away from surface-level partisan sparring to address far more foundational questions about the long-term sustainability, operational independence and public accountability of cultural institutions that steward shared community heritage. Bhimull stressed that no cultural organisation’s identity or public mandate should ever be reduced to the personal political affiliations of its individual volunteer or appointed officeholders. Across all successive national administrations regardless of party affiliation, governments have a dual responsibility: to fully respect the operational autonomy of community cultural bodies, while also enforcing rigorous, transparent accountability standards for any public funds allocated to cultural programming. Disputes over public cultural funding, he added, should never devolve into partisan mudslinging, and instead be resolved through structured, inclusive public dialogue rooted in consistent, publicly published policy guidelines. Crucially, he noted, the rich cultural heritage that the NCIC exists to safeguard belongs not to any political party, corporate entity or small leadership cohort, but to every citizen of the country. Sustained preservation of that heritage can only be achieved through publicly transparent institutional governance, cross-sector collaborative partnerships, and structural commitments that outlast changes in government leadership, corporate sponsorship cycles and internal organisational turnover. Bhimull pushed back against the emerging narrative that direct public funding for grassroots community Divali celebrations and support for the large-scale national Divali Nagar event are inherently competing priorities, arguing that both streams of investment can advance collective national cultural development as long as funding eligibility criteria are clearly communicated and applied fairly across all applicants. For its part, the NCIC itself must also uphold equally rigorous public standards for its internal governance, fundraising practices, corporate partner vetting processes and public reporting on the real-world outcomes of its cultural programmes. Private sector sponsorship, he noted, is a fully legitimate and highly valuable revenue stream for cultural organisations, provided that no corporate partnership ever undermines the institution’s core public service mandate or erodes its independent decision-making authority. To move beyond the longstanding overreliance on a single flagship event, Bhimull outlined a vision for the NCIC to build year-round, structured collaborative partnerships with grassroots community cultural groups, non-governmental organisations, primary and secondary schools, academic researchers, independent traditional and emerging Indo-Trinidadian artistes, and private sector stakeholders. These expanded partnerships would create far more performance and skill-development opportunities for creatives, while deepening the NCIC’s community impact across all regions of the country. He emphasized that the 60-year-old organisation, founded in 1964, has a far broader public mandate than just successfully staging the annual Divali Nagar festival: its core mission requires sustained, year-round investment in expanding public access to Indo-Trinidadian cultural knowledge, boosting community participation in cultural activities, and creating long-term professional pathways for cultural workers nationwide. Bhimull went on to raise a critical, long-unaddressed question: why an institution with six decades of established cultural legacy, a permanent dedicated event site, and an internationally recognised flagship festival remains structurally vulnerable to sudden, unilateral decisions made by political actors and corporate sponsors. He noted that the current public confrontation over sponsorship is merely a visible symptom of deep-seated institutional weaknesses that developed years before the current NCIC leadership team and sitting national administration took office. “My concern is not just securing funding for this year’s festival,” Bhimull explained. “It is addressing decades of missed opportunities to strengthen the NCIC’s broader mandate, modernise its governance structures, and build the operational capacity to operate as a fully self-sustaining institution.” He added that during his 10-year tenure on the board, the NCIC had successfully drafted a comprehensive strategic growth plan and rolled out several new pilot cultural initiatives, but those efforts ultimately failed to deliver lasting change because they were never paired with viable long-term business and operational models capable of generating stable, recurring independent revenue, supporting full-time professional staffing, and ensuring long-term organisational continuity. The organisation remained far too dependent on the single annual Divali Nagar event and its last-minute annual scramble for sponsors, a structural flaw that the current sponsorship crisis has laid completely bare. The public controversy drew comments from multiple senior political figures in recent days. Prime Minister Kamla Persad-Bissessar initially made public remarks highlighting the irony of Blue Waters stepping in as the diamond sponsor, referencing a past derogatory public comment about Indo-Trinidadian citizens made by a relative of the Hadeed family that owns the Blue Waters brand. Former UNC government minister Dr Bhoendradatt Tewarie later released a public social media statement urging all stakeholders to refrain from politicising Divali and the Divali Nagar event, describing attempts to inject partisan conflict into the Hindu cultural and religious festival as deeply inappropriate and counterproductive. When questioned by reporters later, Prime Minister Persad-Bissessar announced that she considered the sponsorship controversy “old news” and was no longer interested in engaging with the debate, stating she had already moved her focus to other pending national policy priorities, and dismissed questions about whether her earlier comments had politicised a sacred community event.

  • Budget passes without Opposition support

    Budget passes without Opposition support

    Trinidad and Tobago’s 2026/2027 national budget secured passage in the House of Representatives on Wednesday, drawing unified rejection from the parliamentary opposition bloc that has slammed the fiscal blueprint as a hollow, hardship-driving plan that neglects the nation’s most pressing economic and social priorities. The upcoming phase of legislative review will shift to the Senate, where formal budget debates are scheduled to kick off at 10 a.m. the following day. In an official statement released immediately after the lower house vote, the People’s National Movement (PNM) opposition caucus outlined a sweeping list of grievances against the ruling United National Congress (UNC) administration’s spending framework, arguing the document contains no actionable, evidence-backed roadmap to pull Trinidad and Tobago out of its ongoing economic slump. Opposition lawmakers emphasized that the proposed budget does nothing to mitigate cascading job losses, skyrocketing household living costs, and deep-seated structural economic challenges facing the twin-island nation. The opposition further took the UNC government to task for failing to table a formal accountability report tracking the delivery of commitments laid out in the prior 2025/2026 fiscal year, asserting that internal PNM audits show over 90% of the administration’s previous fiscal pledges remain unfulfilled to date. The statement also accused government legislators of using parliamentary proceedings and public national discourse as a platform for personal attacks, inflammatory hate speech, historical revisionism, deliberate misinformation, and diversionary tactics designed to avoid scrutiny of poor economic stewardship. Of particular concern to the opposition is the administration’s refusal to release a full, transparent economic audit of national public finances, which the PNM claims hides a catastrophic overshoot of fiscal projections: the prior fiscal year’s originally budgeted $3 billion deficit had ballooned past $7 billion as of July, with no signs the gap will narrow in the coming months. “The people of this nation deserve full, unvarnished honesty about how our public finances have deteriorated to this alarming state,” the opposition’s statement stressed. The PNM also cited verified labor market data showing more than 60,000 Trinidad and Tobago residents have lost their jobs since the UNC took office, noting the new budget contains no targeted measures to restore displaced workers’ livelihoods or foster long-term, sustainable employment growth. Lawmakers warned that a planned upcoming hike in electricity rates will create cascading financial harm across the country: higher utility bills will stretch already strained household budgets to breaking point, raise operating costs for small and medium businesses, push consumer prices even higher, and put additional existing jobs at risk. “This government is demanding more in payments from citizens who already have far too little left to cover basic needs,” the opposition added. Additional points of contention include steep funding cuts to the Tobago House of Assembly, which the PNM argues will derail critical public services and planned community development projects across Tobago, as well as alleged discriminatory resource allocation that penalizes municipal corporations controlled by the PNM. The opposition claims these local governing bodies are being denied the funds required to repair crumbling road networks, maintain critical drainage systems, carry out regular garbage collection, and upkeep public recreational spaces, a policy it describes as collective punishment for communities that voted for opposition representation. The PNM warned these deliberate funding shortfalls create tangible public health risks and erode overall quality of life for thousands of residents, solely based on their geographic location and electoral choices. Finally, the opposition pushed back against the UNC government’s plan to take on significant new public debt, arguing that additional borrowing can never replace responsible, transparent fiscal management and a properly designed economic recovery strategy. In closing, the PNM caucus framed its no vote as a stand for displaced workers, cost-burdened families, and marginalized communities, and pledged to continue pushing for full government accountability and advocating for a people-centered economic agenda focused on job creation, expanded opportunity, and dignified living standards for all Trinidad and Tobago residents.

  • PURE probe may lead to criminal charges

    PURE probe may lead to criminal charges

    Trinidad and Tobago Prime Minister Kamla Persad-Bissessar has unveiled a series of high-stakes governance updates following formal inquiries into decades of public infrastructure mismanagement, alongside plans to resolve a long-running national debate over the repatriation of citizens with ties to the Islamic State militant group. First, the 20-plus-year-old Programme for Upgrading Roads Efficiency (PURE), a state initiative originally launched to deliver widespread road rehabilitation and upgrades across the twin-island nation, will be formally dissolved, a decision first tabled during recent parliamentary Standing Finance Committee deliberations. Persad-Bissessar emphasized that the program’s two decades of operations failed to yield a functional, well-maintained national road network, particularly in underserved rural communities, despite continuous public funding allocations. A full investigative report on PURE’s operational and spending irregularities has already been submitted to the Attorney General’s office, with active probes ongoing that are on track to result in formal criminal charges against unnamed individuals in the near future, though the prime minister did not release specific details on suspected offences, targeted parties, or exact charge filing timelines. Parallel to the PURE investigation, a separate formal probe has been launched into the exorbitant $750 million expenditure authorized under the former People’s National Movement (PNM) administration for the 3-mile Churchill-Roosevelt Highway Extension project. Persad-Bissessar confirmed that senior officials from both the Ministry of Works and Transport (MOWT) and the National Infrastructure Development Company Ltd (Nidco), the state body tasked with executing major public infrastructure works, will be required to provide full, public explanations for the disproportionate cost of the short highway segment. The prime minister made these disclosures in response to targeted questions from local outlets the Sunday Express and TV6, addressing public concerns that shuttering PURE would derail the sitting government’s election pledge to reverse the country’s rapidly deteriorating road network. She stressed that closing the long-faltering program would not hinder road improvement efforts, given its decades-long track record of underdelivery. Separately, Persad-Bissessar addressed the long-contentious national debate over the repatriation of Trinidad and Tobago nationals linked to deceased ISIS fighters, most notably women and children detained in conflict-affected camps in Syria. She confirmed that Minister Sean Sobers will release a full, formal public statement on the government’s position and planned next steps in the immediate coming days, responding to renewed public appeals and recent procedural developments at the national Court of Appeal that have pushed the years-long legal and humanitarian dispute back into the national spotlight. Advocates and family members of the detained nationals have repeatedly urged the government to facilitate the safe return of the vulnerable group, which has been the subject of prolonged cross-party and civil society debate for years.

  • Country needs  100,000 homes for families in need

    Country needs 100,000 homes for families in need

    Port of Spain, Trinidad — At a star-studded 50th global anniversary gala and awards ceremony hosted at the Hyatt Regency Port of Spain last Thursday, Habitat for Humanity Trinidad and Tobago (HFHTT) national director Jennifer Massiah issued a urgent public call for expanded community, corporate, and state support to address a staggering unmet housing gap of roughly 100,000 safe, affordable homes for vulnerable families across the twin-island nation. The landmark event, themed “Let’s Open Doors, Together”, gathered local and global Habitat leadership, longstanding corporate partners, volunteers, and public dignitaries to celebrate half a century of the international humanitarian organization’s work advancing accessible shelter, while charting a collective path forward to tackle worsening local and global housing insecurity.

    The evening featured a special tribute to long-time local collaborators, including a formal plaque presentation honouring Coosal’s Group of Companies for a decade of sustained partnership with HFHTT. Sieunarine Coosal, immediate past chairman of HFHTT’s Capital Campaign Cabinet and executive chairman of the Coosal’s Group, received the recognition from Habitat for Humanity International (HFHI) chief executive officer Jonathan Reckford and HFHI board member Adrianne Todman during the proceedings. Other distinguished attendees included HFHTT chairman Derwin Howell, and HFHI’s regional vice-president for Latin America and the Caribbean Ernestro Castro Garcia. Cultural entertainment for the gala was provided by local beloved acts Exodus Steel Orchestra, Eko, the Shiv Shakti dance troupe, and Mr Strings.

    Across all keynote addresses, speakers aligned around a shared core mantra of “Home. Community. Hope.”, emphasizing that stable, secure housing delivers cascading public benefits: improved academic outcomes for children, greater financial and personal stability for adult household members, and strengthened social cohesion across neighbourhoods. Massiah noted that the most acute housing shortfalls are concentrated in South and East Trinidad, and emphasized that reaching the 100,000-home target would not be possible without broad, cross-sector buy-in. “We keep building. Innovating. Keep partnering. We keep opening doors,” she told the audience. “The next chapter will require all of us: mission-aligned organizations ready to invest, volunteers willing to donate their time, communities eager to participate, and partners ready to walk alongside us. Habitat will remain focused on centering the people our mission exists to serve, because there are still doors to open, families waiting for opportunities, and communities that need intentional investment to build a shared future.”

    HFHTT chairman Derwin Howell framed access to shelter as one of the most foundational, underrecognized pillars of community well-being. “A door can be a simple thing. But what lies behind it can mean everything,” he remarked. “Behind one door may be a child doing homework in a safe environment. Behind another may be a family experiencing stability for the first time.” He went on to acknowledge that every milestone HFHI has reached over its 50-year history has been made possible through collaborative action between low-income families, volunteers, donors, corporate allies, and government stakeholders.

    Global HFHI CEO Jonathan Reckford shared updated organizational impact data, noting that the global Habitat network has supported more than 65 million people worldwide to build, renovate, or secure safe housing, including 36,467 people right here in Trinidad and Tobago. He acknowledged that the global affordable housing crisis has grown more severe in recent years, but emphasized that Habitat’s decades of on-the-ground experience positions the network to deliver tangible, scalable solutions. Adrianne Todman, HFHI board member, shared a personal anecdote of growing up in the United States Virgin Islands, noting her mother’s lessons about giving generously from a place of compassion and faith, and urging all attendees to contribute what they can to support vulnerable households.

    Prior to the formal gala, HFHTT hosted a hands-on community service activity to mark the 50th global anniversary: a full home painting project for a family in Endeavour, Chaguanas, sponsored by CCC-Citibank. The volunteer build day drew participation from Trinidad and Tobago President Christine Kangaloo and other senior public dignitaries. The event also included a formal awards segment recognizing top local sponsors for their sustained contributions to HFHTT’s mission, with honourees including Coosal’s Group of Companies (Titanium Sponsor), Proman Trinidad, Atlantic LNG Company of Trinidad and Tobago, Phoenix Park Gas Processors Ltd, EOG Resources Trinidad Ltd, Point Lisas Nitrogen Ltd (Platinum Sponsor), Republic Bank Ltd, Acado Distribution, and the National Gas Company of Trinidad and Tobago.

  • Reported  robberies  down 30%

    Reported robberies down 30%

    Against a backdrop of viral social media clips purporting to show robbery incidents circulating nearly every day, official data released by the Trinidad and Tobago Police Service (TTPS) reveals a striking 30.1% year-on-year reduction in reported robberies across the twin-island nation during the first four months of 2026. Between January and April 2026, law enforcement recorded 423 total robbery reports, a steep decrease of 182 cases from the 605 logged over the same January-to-April window in 2025. This downward trend spans eight of the country’s nine operational police divisions, marking a broad, nationwide shift in reported robbery prevalence.

  • State’s court judgment bill jumps to $140m

    State’s court judgment bill jumps to $140m

    During a public sitting of the Standing Finance Committee on Friday, Trinidad and Tobago’s Finance Minister Davendranath Tancoo faced rigorous cross-examination from opposition Members of Parliament over drastically revised public expenditure estimates, unspent multi-million-dollar allocations for critical social and economic programmes, and a steep proposed budget for contracted services under the ministry’s Investments Division.
    The most eye-popping adjustment disclosed was the revised fiscal 2026 provision for court judgments issued against the State, which has ballooned to $140 million – a 147% jump from the initial 2026 allocation of just $57 million, and nearly 2.5 times the $56.5 million in actual disbursements for such judgments recorded in the 2025 fiscal year. Responding to queries from Port of Spain North/St Ann’s West Opposition MP Stuart Young, Tancoo committed to furnishing a full, itemized written breakdown of all pending court cases, formal judicial orders, and individual payout amounts tied to the $140 million line item at a later date.
    Colm Imbert, Opposition MP for Diego Martin North East, followed up with a deeper line of inquiry that exposed an equally staggering surge in High Court cost awards: the revised 2026 estimate for this line now sits at $15.4 million, a more than 3,550% increase from the $421,000 spent in 2025 and 22 times the original 2026 allocation of $700,000. Tancoo noted that forecasting such payouts is inherently unreliable due to the unpredictable timing and scale of judicial rulings, and reiterated he would share a full breakdown of these cost payments in writing as well. Imbert also flagged that the subsequent 2027 fiscal year’s allocation for state court judgments had been cut by half to $70 million, prompting questions about the realism of that downward revision.
    Attention then shifted to a seemingly anomalous budget line under the Ministry of Finance’s Investments Division: a proposed $36 million allocation for other contracted services in 2027, a dramatic upswing from the $100,000 revised 2026 estimate and the mere $22,118 in actual 2025 spending for the same category. Imbert pressed Tancoo to explain the near-36,000% year-over-year projected increase, questioning how the ministry planned to ramp up spending so drastically in 12 months. Tancoo framed the spike as a long-overdue push to clear a backlog of dormant state-owned entities that have remained on government books for decades, citing the decades-long pending wind-up of defunct carrier BWIA West Indies Airways Ltd and the recently added CEPEP Company Ltd as key targets for the initiative. He added that the contracted services would cover third-party investigations, auditing, and relevant staff training alongside state entity dissolution processes, but acknowledged that no consultants had been shortlisted to date and no formal scopes of work had been finalized for the planned spending.
    The committee then turned its scrutiny to a string of high-priority programmes that have recorded zero or partial spending despite public announcements of their intended rollout. A $475 million employment fund launched in the prior budget, marketed as a lifeline for retrenched CEPEP workers and other jobseekers, had registered no disbursements at all in the current 2026 fiscal year. Tancoo explained the fund had been administratively transferred to the Ministry of Works and Transport and the Ministry of Rural Development, but did not address Imbert’s pointed query about why the government had failed to spend any of the funds after previously citing pending legislative changes as the cause of delays. A separate $10 million programme earmarked for small and micro-enterprise support also recorded zero expenditure for 2026, with Tancoo confirming the initiative is still in pre-implementation stages and will only roll out in full in the 2027 fiscal year after all regulatory requirements are met.
    Finally, the committee reviewed the $1.4 billion original allocation for the 2026 Infrastructure Development Fund, of which only roughly $850 million has been disbursed, leaving an unspent balance of $553 million. Tancoo attributed the unspent sum to widespread bottlenecks in public procurement processes, a challenge he said he had flagged explicitly during the initial 2026 budget presentation. The session closed with confirmation that the full Ministry of Finance budget for the upcoming 2027 fiscal year totals $5.27 billion.

  • TSTT seeks relief from  financial pressures

    TSTT seeks relief from financial pressures

    Trinidad and Tobago’s state-owned incumbent telecommunications provider, Telecommunications Services of Trinidad and Tobago Ltd (TSTT), has rolled out a landmark liability management initiative that targets raising up to TTD $1.156 billion from domestic investors as part of a broader US$500 million (equivalent to TTD $3.4 billion) senior secured bond issuance, designed to restructure its existing debt obligations and alleviate near-term financial strain. Global credit rating agency S&P Global Ratings has assigned the forthcoming 10-year notes a “BB-” rating, aligned with TSTT’s standalone issuer credit rating, confirming no meaningful shift in the firm’s underlying credit risk profile post-transaction. Structured as a 10-year soft bullet instrument, the new notes will feature equal semi-annual principal amortization payments spread across the final three years of their tenor, and will be split into two tranches denominated in US dollars and local Trinidad and Tobago dollars, with the final allocation between the two currencies calibrated in line with real-time market demand and execution feasibility. Preliminary offering documents for the local currency tranche indicate an estimated 8.8% coupon rate and a projected 8% yield to maturity for domestic investors. All net proceeds from the issuance will be directed toward refinancing TSTT’s outstanding legacy debt, as well as covering associated transaction fees, legal costs, and administrative expenses tied to the refinancing exercise. S&P’s analysis of TSTT’s debt profile as of March 31, 2026, outlines the firm’s current obligations include US$300 million in 8.875% interest senior secured notes, TTD-denominated notes carrying 8.3% interest, an additional TTD $476 million in outstanding notes, and a $100 million commercial paper facility. The existing senior secured notes are currently set to mature in October 2029, with principal repayments scheduled to kick off in six semi-annual instalments starting April 18, 2027. The newly proposed notes will carry identical senior secured status to the 2029 legacy notes, using the exact same collateral package that backs the existing secured bond stack, and S&P projects TSTT will fully retire all of the 2029 notes without retaining any residual holdout balances. This refinancing operation will extend TSTT’s overall debt maturity profile to an average life of nine years, a move that effectively eliminates looming short-term liquidity pressures that could have emerged as the 2027 repayment start date for the legacy notes approaches. S&P has classified the entire transaction as “100% debt neutral”, meaning no material net increase in TSTT’s total outstanding debt will occur as a result of the issuance. The rating agency forecasts TSTT’s adjusted debt-to-EBITDA ratio, a core metric for measuring corporate debt servicing capacity, will hold steady at roughly 4 times earnings or fall lower over the 12-month outlook. The matching “BB-” rating for the new notes and TSTT’s core issuer credit rating also confirms there will be no meaningful subordination risk across the company’s capital structure once the refinancing is completed.

  • A need to be more self-reliant

    A need to be more self-reliant

    A wave of religious and community leaders in Trinidad and Tobago have stepped forward to call for measured dialogue and a peaceful resolution to the ongoing public dispute sparked by the sudden withdrawal of state and major corporate sponsorship for this year’s iconic Divali Nagar festival. Amid the unfolding debate, prominent Hindu leader Vijay Maharaj, secretary general of the longstanding Sanatan Dharma Maha Sabha (SDMS), has offered a stark, personal perspective on the risks of overreliance on state funding for cultural and religious events. Speaking in an exclusive interview with the Sunday Express, Maharaj noted he was not representing the SDMS in formal capacity, but shared a core principle instilled in him by his late father, the revered Sat Maharaj, decades prior: “I learnt many years ago from my late father never to depend on anyone, especially from any State organisation, for anything.” He explained that the 70-plus year old SDMS, founded in 1952 as a religious, cultural and educational body with a primary focus on academic programming, had briefly relied on state support in its earliest years but had deliberately built full operational independence ever since, only accepting voluntary, non-binding contributions from time to time with no strings attached. Maharaj declined to wade directly into the specific circumstances of the Divali Nagar sponsorship pullout, stating he wished to avoid dragging the conversation into partisan political debate or weighing in on the operations of cultural organisations that host only one or two large-scale public events per year. Elsewhere, Inter-Religious Organisation (IRO) vice-president Pundit Lloyd Mukram Sirjoo echoed calls for restraint, noting that Hindu cultural groups in Trinidad and Tobago have historically faced persistent funding hurdles when organising major public religious celebrations, a challenge rarely encountered by other faith communities. Sirjoo stressed that he did not possess full details of the events that led public sector bodies including the National Lotteries Control Board, Caribbean Airlines, bmobile and National Flour Mills to pull their previously committed sponsorship in recent days, and warned the public against rushing to one-sided conclusions before all facts are verified. He added that his core priority was ensuring the dispute did not overshadow national Divali observances, and expressed confidence that all parties could reach an amicable resolution to preserve the festival’s unifying spirit. This year’s Divali Nagar, hosted by the National Council of Indian Culture (NCIC) at its Endeavour, Chaguanas site, is scheduled to run from October 30 to November 7, drawing tens of thousands of attendees annually to enjoy cultural performances, heritage exhibitions, devotional activities and showcases of Indo-Trinidadian history. In the wake of the public sector sponsorship exodus, local beverage firm Blue Waters, owned by Dominic Hadeed, stepped in last week to commit significant financial backing and was named the event’s official Diamond Sponsor. The announcement soon drew a public, sarcastic remark from Prime Minister Kamla Persad-Bissessar, who highlighted a leaked, controversial recorded phone conversation from earlier this year in which Star Sabga – the aunt of Hadeed’s wife Genevieve – made a derogatory public slur targeting the sitting government, a comment that is currently the subject of active legal proceedings. Persad-Bissessar noted the apparent irony of the Hadeed family’s public sponsorship of a national religious event in light of the private slur, a remark that has added a new layer of partisan friction to the already tense debate over the festival’s funding.