Government of the Republic of Trinidad and Tobago

Category: Media Release

Opening Remarks by the Honourable Davendranath Tancoo, MP., Minister of Finance during the meeting of the Inter-Ministerial Committee – Counterterrorism Strategy Wednesday 5th August, 2026 at the Ministry of Defence Courtyard, Conference Room Port Of Spain

By Media Release, News, Speeches, ,

Strong financial systems help prevent money laundering and terrorist financing. Strong Customs administration protects our borders from illicit trade and transnational organized crime. Strong regulatory institutions safeguard confidence in our financial system. Strong governance strengthens national resilience. One of the most important lessons emerging from the international security environment is that terrorism and organized crime…

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Media Release: Applicable Taxes on Hybrid and Mild Hybrid Vehicles

By Government of the Republic of Trinidad and Tobago, Media Release, Ministry of Finance, News,

The Honourable Minister of Finance is cognisant of concerns raised in the press and on social media regarding the Customs and Excise Division’s classification of certain mild-hybrid vehicles and the resulting implications for their tax treatment, automotive dealers and consumers. The Classification Ruling was issued in General Order No. 24 of 2026, dated July 22,…

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Media Release: CAF, TT Government and Key Private Sector Stakeholders discuss workplan for deeper Private Sector Engagement

By Government of the Republic of Trinidad and Tobago, Media Release, News,

Development Bank hosts Private Sector Dialogue to highlight how CAF’s agile financing tools can support country’s development initiatives. CAF – Development Bank of Latin America and the Caribbean convened a high-level Private Sector Dialogue on Monday, July 27, 2026, at the Hyatt Regency Hotel, Port of Spain. The session brought together Government Ministers, senior representatives…

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Media Release: S&P reaffirms investment grade rating for Trinidad & Tobago

By Government of the Republic of Trinidad and Tobago, Media Release, Ministry of Finance, News, ,

S&P Global Ratings has reaffirmed Trinidad and Tobago’s investment-grade credit rating of BBB-. The decision preserves the country’s investment-grade standing and recognises its favourable external position, strong external creditor position and substantial national assets, including the Heritage and Stabilisation Fund.

Media Release: USD 800 Million Sovereign Bond Successfully Issued in the U.S. Market

By Government of the Republic of Trinidad and Tobago, Media Release, Ministry of Finance, News,

On July 09, 2026, the Government of the Republic of Trinidad and Tobago successfully completed the issuance of a USD 800 Million Sovereign Bond in the United States market. The bonds were oversubscribed by approximately 400%, representing the largest level of oversubscription achieved by Trinidad and Tobago since the issuance of the country’s first benchmark-size…

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Media Release: Finance Minister Advances Development Priorities at OPEC Fund Development Forum, 2026

By Media Release, News,

Finance Minister, the Honourable Davendranath Tancoo joined leaders from around the globe for the OPEC Fund Development Forum 2026 in Vienna, Austria on June 23rd 2026.  The event convened under the theme, “A Transition That Empowers Our Tomorrow”, primarily focused on discussions on advancing development impact and strengthening resilience, particularly in vulnerable nations. This year’s…

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Media Release: Customs and Excise Division (C&ED) Intercepts Firearm and Marijuana

By Customs & Excise Division, Media Release, Ministry of Finance, News,

On Monday 22nd June, 2026, the Customs and Excise Division (C&ED) successfully intercepted a shipment containing marijuana and a firearm during an intelligence-led operation conducted at a Customs Bonded Area in Port of Spain. The detailed examination of cargo consigned to a retired Customs and Excise Guard resulted in the discovery of eleven (11 packages)…

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Media Release: Public Advisory Fraudulent “Deepfake” Video Of the Minister of Finance

By Media Release, Ministry of Finance, News,

The Ministry of Finance (MOF) wishes to alert the public to a fraudulent video currently circulating on social media platforms which falsely portrays the Minister of Finance, the Honourable Davendranath Tancoo, MP. The video in question utilises manipulated audio and video technology commonly known as a “deepfake” to mimic the Minister’s likeness and voice. In…

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Media Release: Moody’s Upgrades Trinidad and Tobago’s Rating Outlook from Negative to Stable: International Confidence Strengthens, as Another Major Institution Acknowledges the Government’s Strategy

By Government of the Republic of Trinidad and Tobago, Media Release, Ministry of Finance, ,

“Today, international rating agency Moody’s has raised Trinidad and Tobago’s rating outlook from “Negative” to “Stable”, while affirming the country’s Ba2 rating. This development follows closely on the IMF’s Article IV consultation and signals increasing international confidence in the policy direction pursued by the Government since taking office one year ago. Two of the world’s…

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