The Project Screening Proposal (PSP) is a document aimed at providing the Ministry of Planning, Economic Affairs and Development (MPEAD) with a guide for reviewing and screening all projects being proposed for national funding. This is a key function of the Ministry’s Project Planning and Reconstruction Division (PPRD).
The objective is to update and simplify the framework for planning, financing and implementing capital projects and in particular the procedures for screening project proposals.
The principles highlighted in the PSP will capture and translate project ideas into a structured format that is consistent with national and sectoral objectives. This would allow for more effective appraisal and evaluation of projects and promote better decisions by MPEAD in allocating funding and improving the implementation of national investment projects.
Benefits of Streamlining and Formalising the Public Sector Investment Programme’s (PSIP) procedures
Significant national benefits are anticipated from the initiative to streamline and formalise PSIP procedures. Among the benefits are:
- Improvement in resource allocation.
- Acceleration of the achievement of sectoral or national development objectives.
- Greater efficiency in project design and implementation.
- Facilitation of improved access to external funding.
- Better control over public expenditure including recurring costs (i.e. legacy projects) emanating from the PSIP.
To view and access the Project Screening Proposal Documents 2026, go to https://www.planning.gov.tt/newsite/project-screening-proposal/
