Chairman of SporTT Douglas Camacho

‘NOTHING EXTRA’: Chairman of SporTT Douglas Camacho, right, addresses the Public Administration and Appropriations Committee of Parliament at a hearing yesterday as SporTT’s head of projects Annesha Colley takes notes.

THE FINANCIAL situation at the Sports Company of Trinidad and Tobago (SporTT) is dire.

The company owes T&TEC $10 million. Its fiscal allocation for 2019 fell far short of its expenses, making proper maintenance of sporting facilities impossible.

Chair of the Public Administration and Appropriations Committee, Bridgid Annisette-George, said committee members visited the aquatic centre and the cycling velodrome and were disappointed to see a lot of the plumbing for carrying wastewater disconnected. She said both centres were initially seen as part of the national pride when they were constructed.

In response, acting permanent secretary in the Ministry of Sports and Youth Affairs, Farook Hosein, said: “The recurrent budget of SporTT is very limited and it has to be managed because there are a number of cost items that fall under this budget. It is always a struggle in terms of the various items that fall under the recurrent budget in terms of salaries for staff, facilitating the national governing bodies and the maintenance of the facilities. In the current fiscal year, it is $60 million (allocated) but projected expenditure required to cover all the needs is about $70 million more. So we have the challenge of managing the expenditure”.

RECOMMENDED FOR YOU

FINANCE Minister Colm Imbert is assuring that the Office of Procurement Regulation would still have the power to investigate government-to-government arrangements after Government makes “slight” amendments to Section 7 of the Public Procurement and Disposal of Public Property Act next month.

A CALL has been made for Government to take immediate action on campaign finance reform and implementing the public procurement legislation.

Without these two pieces of legislation, says the Trinidad and Tobago Transparency Institute (TTTI), this country’s scoring on the Corruption Perception Index (CPI) will remain stagnant.

Publicly listed TTNGL’s profits declined last year because the international prices of its three products—natural gas liquids propane, butane and natural gasoline—have tumbled, said Dominic Rampersad, president of Phoenix Park Gas Processors Ltd (PPGPL) yesterday.

EXPORTT, this country’s official export facilitation organisation, has started to think of Cuba as a critical “gateway market” to the rest of Latin America.