THE PUBLIC SECTOR INVESTMENT PROGRAMME (PSIP) 2023
The Public Sector Investment Programme (PSIP) is the strategic investment management tool utilised
by the Government of the Republic of Trinidad and Tobago to transform its vision and policies into
tangible programmes. It is the vehicle for achieving Government’s national socio-economic development
objectives that are aligned to the goals set out in the National Development Strategy (NDS) 2016 – 2030
(Vision 2030), and is also guided by recommendations outlined in the Roadmap to Recovery Report
(RRR) and the Community Recovery Report (CRR). It comprises programmes and projects of Ministries,
Departments and Agencies (MDAs) which are designed to enhance the quality of life of citizens and
support social and economic development that is environmentally sustainable.
The 2023 PSIP will fund medium-term developmental priorities, seek to create the environment that will
enable diversification of the economy, improve social conditions with a focus on youth development
at all levels and improve the quality of life of citizens from birth to adulthood. These investments also
include initiatives that support rebuilding of the economy, digital transformation and food security,
with a focus on youth in agriculture and the modernisation of farming techniques. Focus will also be
placed on preserving our social fabric through the development of key sectors such as public safety
and citi zens security , manufacturing , construction , tourism , the creative and
cultural industries . The development of the green and blue economies will continue with a focus
on the management of the effects of climate change and environmental issues, financial services as well
as energy and energy industries.
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