Government of the Republic of Trinidad and Tobago

Category: Media Release

Media Release: Consultations on the proposed increase in the compulsory age of retirement from 60 to 65 years

The Honourable Brian Manning M.P., Minister in the Ministry of Finance today, April 12th, 2022, met with the Public Services Association (PSA) as the Ministry continues its discussions with members of the Trade Union Movement of Trinidad and Tobago on the proposed increase in the compulsory age of retirement from sixty (60) to sixty-five (65)…

Media Release – Statement by the Honourable Colm Imbert, MP, Minister of Finance on the Adjustment to Fuel Prices in the House of Representatives on Friday 8th April, 2022

Madame Speaker, I am authorised by the Cabinet to make this statement on fuel prices. At the time that the 2022 Budget Estimates were finalized in September 2021, the price of oil was just over US$70 per barrel. This price subsequently dropped to $65 per barrel at the end of November 2021.

Media Release: Inaccurate Claims being made by the MP for Naparima on Deposits to the Heritage and Stabilisation Fund

The Minister of Finance, Hon Colm Imbert, MP, has taken note of inaccurate and misleading statements made in a press release issued by the Opposition MP for Naparima about deposits to the Heritage and Stabilisation Fund (HSF). For the record, the aggregate of supplemental petroleum tax, petroleum profits tax and royalties for the period October…

The Honourable Colm Imbert, Minister of Finance Replies to Questions posed at the 21st Sitting of the Senate held today, March 22nd, 2022

Question No. 107 to the Minister of FinanceRegarding the 2021 NIB Report, where a 10.4% increase in NIS contributors, a 3.74% decrease in contribution income and a steady increase in beneficiaries lead to the NIB’s need to withdraw over $1Bn from its investments to pay benefits to citizens in 2021, can the Minister provide a…

Media Release: Appointment of Members to the first Gambling (Gaming and Betting) Control Commission

On Monday March 14, 2022, the Honourable Colm Imbert, Minister of Finance, presented instruments of appointment to the first Board of the Gambling (Gaming and Betting) Control Commission (the Commission).The Commission forms part of the regulatory framework which the Government has put in place to address the social concerns arising out of the proliferation of…

Media Release – Final Extension of Deadline for the Submission of Returns

This Public Notice is issued pursuant to Section 29 of the Valuation of Land Act Chap. 58:03 of the Laws of the Republic of Trinidad and Tobago. The Commissioner of Valuations wishes to advise every person in possession of residential land, commercial land, agricultural land or a combination of any of the above (mixed use)…

Media Release – Court of Appeal Ruling Pertinent only to 2017 Valuation Exercise

The Court of Appeal today handed down its decision on an appeal filed by Devant Maharaj in 2017 in which he was challenging a data collection exercise commenced by the Commissioner of Valuations in 2017. The Court of Appeal’s decision made it clear that nothing in their decision was intended to apply to or affect…