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Independent Senator Anthony Vieira last night raised concerns in the Senate about whether Trinidad and Tobago’s 2026 budget accounts for possible regional instability arising from heightened tensions between Venezuela and the United States.
He noted that while life in Trinidad and Tobago remains normal and the country is not at war, the budget assumes a stable external environment, uninterrupted trade, energy exports, and investor confidence—assumptions now challenged by geopolitical developments.
Vieira highlighted risks to the energy sector, particularly projects like the Dragon gas field, which depend on cross-border cooperation and foreign investment. He questioned whether projected energy revenues had been stress-tested against political risk, noting that rising regional instability could slow investment, increase insurance costs, and erode fiscal space.
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