Following the presentation of the Mid-Year Budget Review, Political Scientist Dr Maukesh Basdeo highlighted encouraging economic projections driven by developments within the energy sector.

With approximately 1.7 trillion cubic feet of natural gas that could be delivered to processing facilities in Trinidad and Tobago, he noted that this has important implications, not only for the current fiscal year but also for future fiscal periods, providing optimism for longer-term economic growth.

“Now, that’s a significant increased projection. So, although the budget is treated with regard to the fiscal year, the projection for the 2026-27 fiscal period, and even going further than that, the 2027-28 fiscal period, that these announcements in the budget does augur well for the economy.”