AGP Executive Report
Last update: 11 minutes agoEconomic Debate: Prime Minister Kamla Persad-Bissessar rejected recession claims during the 2027 Budget debate, citing IMF growth forecasts of 0.8% this year and 3% in 2027. Opposition figures and economists have disputed the government’s upbeat outlook. Accountability: Attorney General John Jeremie has asked Homeland Security to check former energy minister Stuart Young’s travel records after questions were raised about trips to Venezuela and diplomatic passports. Young rejected the claims. State Assets: The government defended plans to sell the Magdalena Grand and Hilton Trinidad, saying both need major investment; critics have warned against selling State assets. Workers: T&TEC employees are due to receive about $15 million in overdue COLA payments on overtime, in two instalments starting December 15. Business: TTMA chief executive Mahindra Ramdeen has joined Trinidad Cement’s board. PBS Group’s acquisition of a 70% stake in TSL Barbados follows its recent purchase of Trinidad Systems Limited. Regional Trade: Curaçao says it began bilateral trade talks with Trinidad and Tobago and Suriname before pursuing associate membership in CARICOM.
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