Government of the Republic of Trinidad and Tobago

Media Release – Inaccurate and Misleading article in the Trinidad Guardian on Debt Financing and Government Borrowing

The Minister of Finance, Hon. Colm Imbert, MP, has taken note of a very misleading article in today’s Trinidad Guardian newspaper entitled “Government Borrows $14B in 9 months”

This article gives an entirely false impression that as a result of massive Government borrowing, the public debt increased by over $14 billion between October 2023 and June 2024.

However, this is simply untrue and because of its gross inaccuracy, and the large figure quoted, this misreporting can create confusion in the minds of the general public.