Trinidad & Tobago Budget 2014 - page 322

SOCIAL SECTOR INVESTMENT PROGRAMME
46
SUSTAINING GROWTH, SECURING PROSPERITY
CHAPTER 3: NATIONAL SOCIAL SITUATION
ix. The World Anti-Doping Code
Trinidad and Tobago, as a signatory to the 2005
UNESCO International Convention against Drug
Use in Sport, is responsible for establishing an
effective regulatory and legal framework that
would assist in creating a drug-free environment
in local sport. The country is also obligated to
enact legislation and anti-doping rules that are
consistent with the World Anti-Doping Code.
The Ministry of Sport has therefore commenced
steps towards the establishment of a Trinidad
and Tobago Anti-Doping Organisation (TTADO)
to administer and enforce the Anti-Doping rules.
In fiscal 2013, the Anti-Doping in Sport Bill was
passed in the House of Representatives and is
awaiting Assent. It is anticipated that TTADO will
become operational in fiscal 2014.
Additionly, the Ministry continued to conduct
drug awareness initiatives, with student athletes
in 2013. Five (5) Drug Awareness Fairs were
conducted, in conjunction with the United
Nations Educational, Scientific and Cultural
Organisation (UNESCO), WADA, Trinidad and
Tobago Olympic Committee and Trinidad
and Tobago Alliance for Sport and Physical
Education (TTASPE). More than 500 student
athletes, as well as their coaches, teachers,
parents and administrators of the respective
sports, participated in the Fairs.
x. Sports Dispute Resolution Centre (SDRC)
In fiscal 2013, steps were also undertaken to
establish a Sports Dispute Resolution Centre
(SDRC) offering Alternative Dispute Resolution
services in sport. The SDRC policy creation
process is on-going and theCentre is anticipated
to be fully operational by December 2014.
xi. Financial Assistance to National governing
bodies, community sporting groups and
individuals
In fiscal 2013, the Ministry continued to provide
financialassistancetoNationalGoverningBodies
(NGBs), Community Sporting Groups (CSGs)
and Individuals in the sum of TT$18,601,853
million. The Sports Company of Trinidad and
Tobago Limited (SporTT) also disbursed a total
of TT$24,092,872 million to the 14 NGBs under
its ambit, as well as athletes and other sporting
organisations. These funds are used to support
the development programmes of the respective
NGBs to facilitate increased participation in
the disciplines and provide opportunities for
successful participation in international events.
3.5 ECONOMIC GROWTH,
JOB CREATION,
COMPETITIVENESS &
INNOVATION
The GoRTT’s strategy to enhance the growth
trajectory of Trinidad and Tobago emphasizes
job creation, innovation, entrepreneurship and
diversification and the continued investment
in the creation of a knowledge-based economy
that is globally competitive. According to
the ILO’s World of Work Report 2013, Latin
America and the Caribbean experienced
a relatively swift recovery from the global
crisis, in large part due to the combination of
expansionary fiscal policies and the increase in
commodity prices. Locally, in the first quarter
of 2013, the Trinidad and Tobago economy
expanded by 1.6% on a year to year basis.
28
The expansion in real GDP continued to be led
by the performance of the non-energy sector,
which grew by 2.5%, propelled largely by growth
in the manufacturing sector. The most recent
data by the Central Statistical Office (CSO)
revealed that the unemployment rate stood
at 4.9% in the second quarter of 2012. During
the period, the labour force participation rate
stood at 61.8%, which is similar to the previous
quarter
29
.
The Ministry of Labour and Small and Micro
Enterprise Development (MLSMED) is the entity
charged with overseeing the administration of
28 The Central Bank of Trinidad and Tobago’s (CBTT) Summary
Economic Indicators Bulletin (June 2013)
29 Ibid
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