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By Aurax Radio | July 12, 2026 | 2 min read
The Trinidad and Tobago government withdrew more than US$510 million from the Heritage and Stabilisation Fund during the first six months of the fiscal year, according to the fund's latest investment report. The withdrawals were made as the sovereign wealth fund continued to post positive investment returns and remained above US$6 billion.
The Heritage and Stabilisation Fund continued to post investment gains despite significant government withdrawals during the fiscal year.
The Trinidad and Tobago government withdrew US$510.78 million from the Heritage and Stabilisation Fund (HSF) over the first two quarters of the 2025-26 fiscal year, according to the fund's latest quarterly investment report. The withdrawals were made in two tranches totaling about TT$3.46 billion to help finance the national budget, marking one of the largest six-month drawdowns from the sovereign wealth fund in recent years. Despite the withdrawals, the HSF continued to grow through investment gains, reflecting positive performance across global financial markets.
The Heritage and Stabilisation Fund was established in 2007 to cushion the country's economy against declines in energy revenue and to preserve wealth generated from the oil and gas sector. Under the HSF Act, withdrawals are permitted when energy revenues fall below specified budgeted levels, allowing the government to supplement state finances during periods of reduced income. The Ministry of Finance's latest report showed the fund maintained a diversified investment portfolio across global equities, fixed-income securities and other financial assets, helping offset part of the impact of the recent withdrawals.
The case has drawn widespread public attention and renewed calls for a thorough investigation into the circumstances surrounding Andrea's death. Community leaders have urged police to bring those responsible to justice while offering support to the teenager's family. Authorities have not announced any arrests or identified suspects, and investigators continue appealing for information that could assist in the homicide probe.
Sources: Information compiled from the Trinidad and Tobago Guardian, Trinidad Express, TV6 News and the Ministry of Finance.