Government of the Republic of Trinidad and Tobago

Category: Media Release

Media Release : The IMF Praises Trinidad and Tobago’s Policy Response to Covid-19 and Encourages T&T to Shift its Policy Attention Only When Recovery is in Place

By Media Release, News, , ,

The IMF noted that Trinidad and Tobago faced “unprecedented challenges in 2020-21. The combined effects of COVID-19, energy production cuts, and price shocks pushed the economy further into recession”. In the face of such challenges, the IMF concluded that “The authorities’ decisive policy response helped contain COVID-19’s spread, protectlives and livelihoods, and paved the way…

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Media Release: Moody’s Decision on Trinidad and Tobago’s Ratings Clashes with IMF recommendation on Debt Management under COVID

By Media Release, News, ,

Today (November 19th), Moody’s announces that they brought the rating down by one notch, with a stable outlook.  The Honourable Colm Imbert, MP. Minister of Finance, has noted that “This decision by Moody’s collides with the policy advice we have received from all international organisations to protect our country and support the recovery in the…

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Media Release – Concluding Statement of the IMF for its 2021 Article IV Consultation with the Government of Trinidad and Tobago

By Media Release, News

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit(or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usuallyannual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request touse IMF resources (borrow from…

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MEDIA RELEASE: SUPPLEMENTARY LIST OF VAT-FREE (ZERO-RATED) ITEMS EFFECTIVE NOV 1ST, 2021

By Media Release, News,

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the supplementary list of Basic Food Items that will be VAT-Free (Zero-Rated) from Monday, November 1st, 2021, has been published as The Value Added Tax (Amendment to Schedule 2)(No. 2) Order, 2021; Legal Notice No. 259, dated October 29th, 2021 (attached). The Order…

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Media Release: Final Extension of the Tax Amnesty to October 15th, 2021

By Inland Revenue Division, Media Release, News, ,

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that to give taxpayers a final opportunity to get their financial records in order and to file their tax returns, the 2021 Tax Amnesty has been extended to Friday, October 15th, 2021. It should be noted that there will be no further extension of…

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