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File photo/Jeff K Mayers

Government has allocated $6.2 billion to the 2023 Public Sector Investment Programme, which continues along its national development strategy for 2016-2025. This segment is for 2023-2025.

Of the allocation, 51.6 per cent, or $3.2 billion, is from the Consolidated Fund for programmes undertaken by government ministries, local government bodies and the Tobago House of Assembly.

The balance of $2,98 billion, or 48.4 per cent, will be disbursed from the Infrastructure Development (IDF) for use by special-purpose state enterprises.

The PSIP continues its focus on diversification, improving institutional capacity, the expansion of business into foreign markets, foreign investment and information-driven transformation.

This includes the restructuring of the Central Statistical Office into the National Statistical Institute of TT; investment in the creative sector, agriculture, tourism, manufacturing and youth development and health, with emphasis on HIV/Aids healthcare.

As part of plans for the National Statistical Institute, $2 million is provided for preparatory work that includes an information technology data management system. In the interim, $37 million will be used to continue the operations of the CSO.

Other data-collection initiatives include: the 2022 Population and Housing Census, a survey on the living conditions of women and children and a household budget survey.

Part of economic transformation again includes support to the creative industries under the TT Creative Industries Co Ltd to stimulate activity in the film, music and fashion sub-sectors.

“In fiscal 2023, $4.8 million will be invested for the continued development of these sub-sectors towards realising the full potential of the sub-sectors and increasing the contribution to GDP and foreign exchange earnings.”

The TT Music Co Ltd (MusicTT) will receive $1.5 million, and the TT Fashion Co Ltd gets $1.8 million, with $400,000 funding for trade and investment facilitation at the Trade and Industry Ministry.

Additionally, a maximum $1 million grant will be available for qualifying firms for the cost of projects.

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‘Tekenfilm Leena en Jopie prachtig  geschenk’   door Sharon Singh PARAMARIBO — Schrijfster Indra Hu reflecteert dit jaar op haar

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May Pen Mayor, Winston Maragh, has reported that there have been flooding in some areas of the parish, such as Mineral Heights, Bucknor, Glenmore Road, Palmer’s Cross, Sandy Bay and May Pen Woods, as the island experiences adverse weather conditions since Saturday.

“The drains weren’t cleaned before the start of the hurricane season, these drains fall under the responsibility of the National Works Agency (NWA) and the municipality. The funding was just not readily available,” said Maragh.

Despite the reports of flooding in several areas of Clarendon, very few residents there have yet been displaced.

“We have received video footage of a house flooded out in the 19 Miles area of Sandy Bay, but the people in other affected areas have not yet been displaced as of now, but the rising waters in the drains can be a major problem if the rains continue,” Maragh stated.

The Meteorological Service has maintained a flash flood warning for low-lying and flood-prone areas of the north eastern and southern parishes, effective until 5am on Tuesday.

In a release on Monday morning, the Met Service extended the flash flood warning for low-lying and flood-prone areas of St Mary, Portland, St Thomas, Kingston and St Andrew, St Catherine and Clarendon.

The Met Service announced that Tropical Storm Ian has now been upgraded to Hurricane Ian and is located near 18.2 degrees north and 82.0 degrees west, or 391 kilometres west-southwest of Negril Point, Jamaica.

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