Senior Investigative Reporter
sharlene.ramper[email protected]
The Trinidad and Tobago Transparency Institute (TTTI) says recent legislative amendments have weakened public procurement safeguards while leaving billions of dollars in state spending subject to reduced oversight.
The statement comes weeks after the Ministry of Finance’s presentation of the 2027 fiscal package, which projects total public expenditure of $63.368 billion against estimated revenue of $59.729 billion, leaving an anticipated fiscal deficit of $3.639 billion.
In its evaluation of the financial package, titled Following Public Money from Plan to Delivery, the anti-corruption watchdog stated that the true value of the fiscal allocation depends on public accountability.
“The Trinidad and Tobago Transparency Institute (TTTI) recognises that a budget is a plan, not a record of results. Its value to citizens depends on whether they can follow public money: how it is allocated, how contractors are selected and appointed, and what is ultimately delivered,” the institute said.
The organisation highlighted the role of statutory oversight in public contracting, saying, “Public procurement is where public money meets private interests.
“A robust procurement framework is the principal safeguard that ensures contracts are awarded fairly and on merit, that the public receives value for money, and that independent oversight can identify problems before public money is committed.”
The statement pointed to 2026 legislative amendments to the Public Procurement and Disposal of Public Property Act that exempted energy, national security, public-private partnerships for public housing and emergency purchases. The revisions also doubled the threshold for senior officials’ purchases outside normal rules from $1 million to $2 million, while making Office of Procurement Regulation (OPR) investigative recommendations advisory only.
TTTI said these legislative changes “represent a material dilution of these safeguards,” adding that, “taken together, these changes shift the system away from preventing problems and towards discovering them after public money has been spent.”
Regarding Government statements that procurement rules were causing project delays, TTTI said discretion and transparency must increase simultaneously.
It also questioned the $4 billion allocated to the 2027 Development Programme, noting that in fiscal 2026, Parliament approved $4.1 billion for capital works, but revised estimates indicate spending reached roughly $3 billion, leaving about $1.25 billion unspent.
“Unspent money is not necessarily lost, but it usually means projects that citizens were expecting have been delayed, scaled back or not started,” TTTI said.
It cited past capital spending utilisation rates of 68.4 per cent in 2018 and 67.9 per cent in 2021.
It also noted Government’s projected rise of property income from $8.5 billion to $12.7 billion, with state enterprise payments jumping from $1.9 billion to $4.4 billion.
It said official budget estimates do not identify which enterprises are expected to contribute or the financial basis for those targets.
While acknowledging increased budgetary allocations for the OPR from $40 million to $50 million and the Auditor General’s Department from $39.8 million to $56.6 million, the institute said additional funding cannot replace statutory enforcement authority.
To ensure public accountability keeps pace with spending, the institute urged the Government to implement key transparency measures. These include publishing all contract awards within 30 days, detailing the supplier, value, procurement method, and selection basis across both standard and exempted purchases, alongside full disclosure of estimated and actual expenditure under the new legal exemptions.
TTTI also called on the Ministry of Finance to release the underlying review into Public Sector Investment Programme (PSIP) delays so citizens can assess project bottlenecks.
To evaluate the impact of recent legislative changes, the institute requested a 12-month joint assessment of the procurement amendments, conducted with the OPR and civil society, to restore any weakened safeguards.
Additionally, the watchdog urged the completion and launch of Trinidad and Tobago’s InvestmentMap platform, supported by quarterly progress reports on major infrastructure projects, and requested a clear breakdown of projected state enterprise revenues detailing individual entity targets and their financial basis.
Concluding its evaluation, TTTI said, “Citizens are entitled to know how public funds are committed, who benefits, and what is delivered. Accountability must keep pace with spending.”