Category: Media Releases

Finance Month 2019 – First Time Media Launch

A media launched was held for the very first time to signal the start of Finance Month (FM) 2019 by the Division of Finance and the Economy. The media launch became necessary as the activities were expanded from the prior ‘Finance Week’ (2 wks) to a month-long activity.  

On Friday November 1, Deputy Chief Secretary and Secretary of the Division of Finance and the Economy, Joel Jack formally opened Finance Month before the invited media and members of staff in the Penthouse of the Victor E Bruce Financial Complex under the theme ‘Advancing Our Economic Growth Through Innovation, Industry and Investment’.

Secretary Jack believes that the Division’s FM calendar has the most significant events from among the list of activities by the Tobago House of Assembly (THA). He noted that persons in the past have come from Wall Street to attend for instance, the ‘Business Outlook Conference’ (BOC) as well as persons from the region. He vividly recalled a message from Ken Gordon at the very first BOC which said ‘think big, make it happen’ which he said embraces what the Assembly is attempting to do, in addition to new and innovative things based on the challenges we now face and those to come.

Following brief remarks from Administrator, Ms Denese Toby Quashie, managers of various units in the Division responsible for the major Finance Month events made their presentations: – Ms. Afeisha McKain, Financial Literacy Secretariat (FLS) and host of the ‘Breakfast Meeting’ Nov 7; Ms Tricia Beckles, Strategic Business Support & Development, Tobago Business & Economic Outlook Conference on Nov 12, and the Youth Empowerment Forum on Nov 15. All three events were held at the Magdalena Grand Beach & Golf Resort. Added this year is a new event under the Youth Energised for Success (YES) entitled ‘Building Opportunities for Sustainable Success’ (B.O.S.S) which will be launched at the Fairways Restaurant.

Secretary Jack praised the work of the organising committee in the Division that has worked tirelessly over the past few weeks in planning the FM 2019 related events. He also paid tribute to the late and former Secretary of Finance, Dr Anslem London who started Finance Week as it then was.`

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Secretary Jack to present THA’s Budget on June 24

The presentation of the Tobago House of Assembly’s (THAs) Budget statement for the Fiscal year 2019-2020 by the Deputy Chief Secretary and Secretary of Finance and the Economy, Joel Jack, will take place on Monday June 24, 2019 at 10:00 a.m. from the Assembly Legislature.

Secretary Jack announced the date on Thursday from the Conference Room at his office in the Division of Finance and the Economy as he spoke to reporters during the weekly Post Executive Council media briefing, which was held a day later than normal due to the Eid-ul-Fitr public holiday on Wednesday.

He said preparations for the budget commenced in March. THA Divisions have submitted their budgetary requests and consultations with various stakeholders were undertaken with only a couple more scheduled.

The Budget he stated will be heavily influenced by the Medium Term Policy and Planning Framework of the THA 2019-2023 which is aligned with the Vision 2030: National Development Strategy.

He noted some areas of emphasis such as Fostering Innovation and ICT, Tourism Investment, Education and Human Capital Development, Tobago Infrastructure Investment Strategy, the Integrated Financial Information System and the Automatic Clearinghouse System (ACH).

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Trade & Investment Convention 2019

From July 4th to the 7th, the Trade and Investment Convention (TIC) 2019 will be held at the Centre of Excellence, Macoya, Trinidad and the Division of Finance and the Economy in the Tobago House of Assembly (THA) will be representing the interest of Tobago at this event.

The Strategic Business Support and Development Unit (SBSDU) in the Division has selected eleven (11) Tobago entrepreneurs to be part of this year’s 20th edition of TIC. Sixteen applications were received following the open invitation call from the Division.

The entrepreneurs attending will have the opportunity to interact with buyers, potential suppliers and retail customers from many different countries over the four day period.

Successful applicants are listed as follows:

  • Stacy Herbert – Homemade Tobago
  • Shurla George – Luvalwayz Organic & Natural Body Products
  • Donna LaRoche – LaRoche Unique Designs/Angeleyes Beauty
  • Margaret Yeates – Yeates Herbal Teas & Products
  • Reginald Andrews – Andy’s Company Ltd.
  • Sunnil Barton – Chenseya’s Fishing Services Ltd.
  • Keron Duke – Tobago Media Concepts
  • Keston Khalid Pope – Savour de Isle
  • Ted Arthur – Ted Arthur Leather Collection
  • Biana Edwards – TeaBago Teas
  • Avien Thomas – Osanie Designs

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Deputy Chief Secretary meets WICB team

Deputy Chief Secretary and Secretary of the T.H.A, Assemblyman Joel Jack, on Friday morning met with the newly elected Vice President of the West Indies Cricket Board (WICB), Dr Kishore Shallow at the Victor E Bruce Financial Complex.
During the courtesy call a wide range of cricket issues were discussed and Dr Shallow spoke of some of the impending changes and future plans of the recently elected WICB to foster a resurgence of the once dominant West Indies cricket

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Labour Market Conditions & Economic Activity in Tobago

The Deputy Chief Secretary and Secretary of the Division of Finance and the Economy, Joel Jack, recently announced that the Division continues to monitor the economic health of Tobago through computation of annual Gross Domestic Product (GDP) estimates for Tobago. The last estimates for 2017 suggested Tobago’s GDP in constant prices was approximately $1.82 billion.

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Press Release – PAAC THA Allocation

In response to Senator Wade Mark’s comments at the Public Administration and Appropriation Committee Meeting held on Wednesday 10th April 2019 regarding the Tobago House of Assembly’s (THA) utilisation of its Parliamentary Appropriation please note the following.

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Tobago Agro-Processors Look To Canadian Market

SMALL and medium-sized agro-processors in Tobago will get the opportunity to explore the viability of exporting their products to Canada when that country’s Trade Facilitation Office (TFO) leads a workshop for businesses interested in penetrating the Canadian marketplace.

The workshop, which takes place on Thursday, February 2, will offer participants information on the Canadian market, intelligence on specific sector opportunities and guidance on relevant issues, ranging from how to connect to Canadian importers and the standards and requirements that products need to meet.

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One-Millionth Customer Served

Tobago’s 211 Call Centre lauded a success

The success of the Tobago House of Assembly’s 211 Call Centre was put in the limelight during a ceremony at the Victor E. Bruce Financial Complex yesterday, held in recognition of the one-millionth customer served.

The call centre is operated under the purview of the THA’s Division of Finance and Enterprise Development (DFED) and is administered by Tobago Information Technology Limited (TITL). Established in 2008, the 211 Contact Centre provides members of the public with easy access to real time information on Tobago by calling the toll free telephone number – 211.

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