Senior Political Reporter
Finance Minister Dave Tancoo has a lot to do in his new portfolio and does not yet have a report to provide to Prime Minister Kamla Persad-Bissessar on the state of the Treasury and the economy.
After completing meetings with ministry divisions and studying documents received yesterday, Tancoo said he hopes to have a preliminary report on his review of the Treasury for the PM later this week.
After being sworn in last Saturday, Tancoo was mandated by Persad-Bissessar to review the state of the Treasury. She said she expected that Tancoo and Planning, Economic Affairs and Development Minister Kennedy Swaratsingh would put their heads together to see what the Government can do to keep their election promises after assessing what is there. She added that it is only then ministries will be able to work towards getting revenue streams into T&T.
Tancoo and other Government officials in the Persad-Bissessar-led United National Congress administration got down to their first day of work yesterday following last Monday’s General Election victory.
The first day saw the 24 cabinet ministers, four ministers of state and six parliamentary secretaries entering their ministries, being debriefed by permanent secretaries, meeting staff and getting acquainted with portfolios.
The Finance Ministry stated that Tancoo was greeted by Permanent Secretary Suzette Taylor-Lee Chee and the ministry’s executive team of permanent secretaries and deputy permanent secretaries.
The statement added that Tancoo expressed deep gratitude for the warm reception and comprehensive briefing and indicated he looked forward to an excellent working relationship with the ministry’s staff and its stakeholders.
Contacted on the review of the Treasury, Tancoo asked Guardian Media for more time to review the various documents submitted to him, “and to get answers to the multiple queries I have - there is a lot to review.”
He added, “After the various meetings with the Finance divisions and studying the documents in hand I’ll have a preliminary report for the Prime Minister ahead on the Treasury.”
Noting his meetings with senior ministry officials at the Eric Williams Financial Complex in Port-of-Spain, he said, “This was a very inspirational experience, as I noted the strong presence of young, qualified persons in senior positions of the establishment. The permanent secretaries and deputy PSs provided a briefing as well as a comprehensive set of briefing documents from the various departments. Over coming weeks, I’ll be visiting more of the ministry’s departments and divisions. I look forward to working with staff as we focus on transparency, accountability and development.”
Yesterday, Minister of Planning, Economic Affairs and Development Swaratsingh’s ministry said he “got straight to work” meeting with Permanent Secretary Aarti Bedassie-Maharaj, the deputy permanent secretaries, heads of department, managers and staff to begin strategising and planning the ministry’s work programme.
The ministry stated, “The Minister thanked staff in advance and vowed to maintain an open conversation loop to keep everyone involved in all of the initiatives to energise the path of national development in T&T through the Ministry. The minister emphasised his goal is to ensure that all the plans, programmes and activities under the mandate of the ministry are done to completion at an exceedingly high level, while driving the agenda for the nation’s economy.”
Public Administration and Artificial Intelligence Minister Dominic Smith, who was asked about plans, including policy on the rental of private sector buildings, said he would be doing a full assessment of the ministry.
“And we are also guided by our manifesto and the plans established as it relates to the delivery of services in public administration and the newly minted AI agenda,” Smith added.
Also, Minister of Culture and Community Development Michelle Benjamin and Ministry Parliamentary Secretary Dr Narindra Roopnarine met with acting Permanent Secretary Videsh Maharaj and staff.