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Dr Varma Deyalsingh
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Wesley Gibbings
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+1 (868) 225-4465
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Transformation and diversification have become familiar themes in national budgets, but repetition does not make them any less urgent. Trinidad and Tobago still needs a clear, coordinated strategy to build new productive sectors, expand exports and reduce the economy’s longstanding dependence on energy.
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The Government’s plan to impose a 12.5% Value Added Tax (VAT) on remote digital services from March 1, 2027, has sparked questions about how the tax will operate and who will ultimately bear the cost. The measure, announced in the 2027 Budget, aims to bring foreign digital service providers into the VAT system and create a more level playing field for local businesses.
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Finance Minister Davendranath Tancoo’s 2027 Budget recognises an important reality: Trinidad and Tobago cannot rely indefinitely on declining energy revenues. The package promises support for vulnerable citizens, investment in communities and efforts to broaden the productive base of the economy.
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As Finance Minister Davendranath Tancoo rises today to present the Government’s 2027 Budget, the country will no doubt hear about billions of dollars in spending, allocations and fiscal measures. But the most important question is not how much money was spent in 2026. It is what the country has to show for it.
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The annual Budget Speech is one of the most important events in any country. In Trinidad and Tobago, ministries and state agencies have spent months preparing project proposals and expenditure plans, reviewing spending trends and adjusting priorities for the year ahead. Ministers would have made their case to the Minister of Finance, but as always, available resources are less than the demands placed on them.
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Brown water flowing from household taps is not a public relations problem. It is a matter of public health, dignity and public trust. When residents see visibly discoloured water and are told it is safe, they are entitled to clear evidence, prompt explanations and full transparency.
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The Trinidad and Tobago Police Service’s (TTPS) overtime bill has reached a level that demands close public scrutiny. Between January 2024 and August 2026, the TTPS spent almost $794 million on overtime claims, averaging $24.8 million a month. In the first eight months of 2026 alone, overtime expenditure climbed to $283.18 million, about 50 per cent higher than for the same period in 2025. If that pace continues, the annual bill could exceed $424 million.
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Significant changes to the local government system should never be made without meaningful public consultation. Yet, the Government’s proposed legislation to create three new boroughs, make Chaguanas a city and redraw municipal boundaries appears to have emerged with little public notice and without a structured process of engagement with the citizens whose lives will be directly affected.
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Dr Varma Deyalsingh
A few months ago, I was in France enjoying what the country does exceptionally well — its food, culture and its way of making even a simple meal feel like an experience.
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Nutrien’s decision to wind down its Trinidad and Tobago operations should be viewed as more than the loss of a foreign investor. It is a warning about the growing fragility of an industry that has long been a pillar of the national economy.
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Wesley Gibbings
The world has developed the habit of leaving Haiti to disappear from international conversations between grand, headline-grabbing events.
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Trinidad and Tobago’s relegation to League B of the Concacaf Nations League should bring an end to excuses and mark the beginning of a serious rebuilding effort. A spirited 1-1 draw with Curaçao, one of the recent 2026 FIFA World Cup debutants, could not disguise the sobering reality that the Soca Warriors collected just one point from four matches and finished second to last in their group.
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+1 (868) 225-4465
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newsroom@guardian.co.tt
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Dr Varma Deyalsingh
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Dr Varma Deyalsingh
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