An Official Website of the Government of the Republic of Trinidad & Tobago

Ministry of Labour and Small and Micro-Enterprises Development

Aditi Bisramsingh

The Implementation Coordinator is required to manage activities related to the implementation of the Ministries strategic plans in accordance with Government policies. The incumbent reports to the Programme Coordinator, Implementation.

Responsibilities include:

Kerry Ince

The Implementation Coordinator is required to manage activities related to the implementation of the Ministries strategic plans in accordance with Government policies. The incumbent reports to the Programme Coordinator, Implementation.

Responsibilities include:

Maricia Patterson

The Implementation Coordinator is required to manage activities related to the implementation of the Ministries strategic plans in accordance with Government policies. The incumbent reports to the Programme Coordinator, Implementation.

Responsibilities include:

Kasey Gordon

Monitoring and Evaluation Specialists in the National Transformation Unit (NTU) are charged with the overall responsibilities of Monitoring and Evaluating (M&E) performance at the National and Sectoral Level.

Human Capital Development

Building human capital is a key strategy to becoming a knowledge-based, innovation-driven and creative society. The investment in human capital development is a critical success factor for transforming both the economy and society. Development of the human resource is an integral component of the formula for growth and development because it provides citizens with the ability to create, generate knowledge, and transform this knowledge into beneficial goods and services.

Indicators

Indicator Baseline 2010 Actual 2011 Actual 2012 Actual 2013 Target 2015
% Participation rate in Tertiary Institutions 42% N/A 57% N/A Increase to 60% by 2015
% Students attaining 5 or more subjects (including Mathematics and English) at CXC 48.95% 43.3% 34.8% 44% Increase to 60% by 2015
% Students passing SEA 88.4% 90.05% 90.87% 91.1% Increase to 92% by 2015
Employment Rates in 15-24 year age group 14% N/A N/A N/A Increase employment rate in the 15-24 age group by 2% per annum

Economic Growth, Job Creation, Competitiveness & Innovation

Over the past 50 years, economic growth in Trinidad and Tobago has been driven by the petroleum-based energy sector. However, continued heavy dependence on this sector does not guarantee a sustainable economy that will satisfy the future needs of citizens.Economic survival now depends on the nation’s ability to adapt to the dynamic, technologically-driven, knowledge-based global environment.

Indicators

Indicator Baseline 2010 Actual 2011 Actual 2012 Actual 2013 Target 2015
New Business Creation 6,659 11,895 10,998 13,200 Increase by 5% by 2015
Unemployment Rate 5.9 % 5.1% 5.0% N/A Reduce to 5% by 2015
Exports - Energy (US$ million) US$9,314.9 million US$12,526.0M US$10,919.3M US$8,643.1 (as at Sept) Increase Energy Exports by 2%
Gross Domestic Product (GDP) TT$89,029.2M TT$86,731.3M TT$87,810.9M TT$89,251.5M Increase GDP by 2.0% annually
Global Competitiveness Index (GCI) 84/139 81/142 84/144 92/148 Improve Ranking in GCI by 20 points by 2015
Exports - Non Energy (US$ million) US$1,924.0 million US$2,333.7M US$2,414.2M US$1,525.3M (as at Sept.) Increase Non- Energy Exports by 5%
Sector Contribution to GDP - Petroleum Sector 41.7% 41.1% 40.2% 39.7% Increase Non-Petroleum Sector Contribution to GDP by 3%
Global Innovation Index (GII) 55/132 72/125 81/141 81/142 Improve Ranking in GII by 10 points by 2015
Foreign Direct Investment (FDI) US$549.4M US$772.1M US$2,527M US$1,319.2M (as at Sept) Increase to US$ 1 billion
Sector Contribution to GDP - Non-Petroleum Sector 58.1% 59.3% 59.7% 60.2% Increase Non-Petroleum Sector Contribution to GDP by 3%

Agriculture & Food Security

As a potentially viable economic sector, the focus is to develop the agriculture sector through modernised international competitive systems and processes, to attract local and international investment. The aim is to ensure that local food is supplied in sufficient quantities with a nutritional value to meet national dietary standards for both local consumption and export.

The primary focus is to:

Indicators

Indicator Baseline 2010 Actual 2011 Actual 2012 Actual 2013 Target 2015
Food Import Bill $4 billion $3.9812 billion (estimated) Reduce Basic Food Import Bill to $3 billion
Food Inflation Rate 29.5% 22.6% Reduce to 25%
% Contribution of Agriculture to Non-Energy GDP 0.7% 0.6% Increase the contribution of the sector to GDP by 3%
% Employment in Agriculture 3.698% 3.07% Increase employment in agriculture to 5%