In the context of declining public revenues, following the sharp fall in oil and gas prices since mid-2014, Trinidad and Tobago (T&T) is looking to reassess the state of its education system to ensure it is in line with broader development goals. Buoyed by steady hydrocarbons revenues for the past decade, T&T’s education system is one of the great strengths of the twin-islands’ economy. The country maintained its spot at 89th out of 140 countries in the “Global Competitiveness Report”…
Education & Health
From The Report: Trinidad & Tobago 2016
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While education remains one of the great strengths of Trinidad and Tobago’s economy, a scenario of negative growth is raising questions of quality, cost effectiveness, efficiency, and the relevance of higher education and skills training for the country’s changing labor market and broader macroeconomic environment. To assess the state of the education system, the newly elected government launched a National Consultation on Education (NCE) in early 2016, an initiative authorities hope will enable the country to arrive at a strategic vision to guide successful future sector development. Meanwhile, a push for comprehensive health care reform could see the country’s health care sector undergo significant changes in the medium term, with Rowley pledging to lead the country’s transition to a comprehensive national insurance system by 2018.