Government of the Republic of Trinidad and Tobago

Media Release: Statement by the Hon. Colm Imbert. MP. Minister of Finance on the Report of the Auditor General on the Consolidated Financial Statements of the Trinidad and Tobago Unit Trust Corporation for the year ended December 31, 2023

Madam Speaker, I am authorized by Cabinet to make the following Statement on the Report of the Auditor General on the Consolidated Financial Statements of the Trinidad and Tobago Unit Trust Corporation for the year ended December 31, 2023.

In accordance with Section 30, subsections (6) and (7) of the Unit Trust Corporation of Trinidad and Tobago Act, Chap. 83:03 (“the Act”), the Board has forwarded a copy of the balance sheet and accounts together with the report of the Auditor General to the Minister to lay before Parliament. Today, I would like to outline to this Honourable House some of the main highlights of this Report.

For the financial year 2023, the Corporation marketing and investing strategies have maintained the confidence and dedication of its unitholders as well as yielded a confident financial performance which I will highlight now.