Port of Spain, 04 November 2024: The Honourable Colm Imbert, MP, Minister of Finance, met with Her Excellency Harriet Cross, the United Kingdom’s High Commissioner to Trinidad and Tobago, on Wednesday, 30th October 2024, to sign a Memorandum of Understanding between the United Kingdom’s (UK) Export Guarantees Department (operating as UK Export Finance) and the…
After careful consideration and a comprehensive review by the Ministry of Finance and the EximBank over the last month, Cabinet, at its regular weekly meeting last week, which was held on Friday, November 1st, 2024, agreed to a recommendation from the Minister of Finance that the forex window at the EximBank for essential imports, which…
Further to the earlier media release on this matter, Caribbean Airlines has just informed the Minister of Finance that while the figures the airline provided to him for public dissemination regarding the pilots’ salaries were correct, the figure for pilots’ allowances provided by CAL was incorrect.It is expected that CAL will promptly correct that inaccuracy.
The Minister of Finance, Hon. Colm Imbert, MP, has noticed yet another series of misleading and inaccurate stories about access to foreign exchange being peddled by the Trinidad Express as if these stories were factual. This media campaign is clearly mischievous, and it is necessary to set the record straight. EXIMBANK’s PURPOSE A perusal of…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that yesterday the Caribbean Court of Justice (“CCJ”) dismissed the claim brought by Ellis Richards and others against Trinidad and Tobago in relation to the CL Financial bailout in 2009, which excluded annuity and investment products issued by British American Insurance Company Limited (a…
The Minister of Finance has noted inaccurate and incomplete reporting by the Trinidad Guardian on the discussion on the Estimates of Expenditure for the Tobago House of Assembly.The manner in which the Guardian has reported on the deliberations in yesterday’s Standing Finance Committee meeting on the THA’s 2025 budgetary allocation is clearly designed to create…
More than one hundred (100) Small and Medium Enterprises (SMEs) in Trinidad and Tobago are set to receive a significant boost in financing to grow their operations and expand into new markets. The Minister of Finance, Hon. Colm Imbert and the Director Representative for CAF – Development Bank of Latin America and the Caribbean in…
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that the 2025 Budget will be presented on Monday, September 30, 2024.