Media Release: 2025 Budget Presentation
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that the 2025 Budget will be presented on Monday, September 30, 2024.
Media Release: Privy Council Appeal No 0051 of 2024 Terrisa Dhoray v. The Attorney General and the TTRA
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that today the Judicial Committee of the Privy Council on appeal from the Court of Appeal of the Republic of Trinidad and Tobago, unanimously dismissed the appeal in Civil App. No. P 351 of 2023 Terrisa Dhoray v. The Attorney General and the Trinidad…
Media Release: Unprofessional and Biased Reporting From the Media on Global Forum 2024 Bill
On Friday September 13th the Minister of Finance led a debate on the Miscellaneous Provisions (Global Forum): Bill, 2024 that involved both Government and Opposition. On Saturday September 14th and Sunday September 15th, the Trinidad Newsday and Trinidad Express carried coverage of the debate and astonishingly reported the Opposition’s false allegations in the debate in…
Media Release: Statement by the Minister of Finance on the Special Report of the Auditor General on the Public Accounts for the Financial Year 2023 in the House of Representatives on Monday 9th September, 2024
Madam Speaker, I am authorized by Cabinet to make the following statement on the Special Report of the Auditor General on the Public Accounts for the Financial Year 2023. Following the public statements made by the Auditor General with respect to her original report on the 2023 Accounts, her baseless assertion that the Ministry of…
Media Release: S&P Affirms Trinidad and Tobago’s Investment Grade Rating
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that today, Standard and Poors, the international credit rating agency, has affirmed Trinidad and Tobago’s credit rating at BBB-, an Investment Grade Rating reflective of the country’s credit strength. S&P has also maintained its stable outlook for Trinidad and Tobago. The country’s strong external…
Media Release: Increase in Deposit Insurance Coverage
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that on August 28, 2024, he signed both the Central Bank (Deposit Insurance) Order, 2024 and the Central Bank (Deposit Insurance Coverage Limited) Order, 2024, which were both published on August 29, 2024 as Legal Notice Nos. 159 and 160 of 2024, respectively (see…
Feature Address by the Honourable Colm Imbert, Minister of Finance at the Official Launch of the National Financial Inclusion Survey Report (2023) at One FinTech Avenue on Tuesday 20th August 2024
It’s my pleasure to further the cause of making financial inclusion a national priority. Over the last few years, through in-depth surveys, we have been able to gather significant information on the state of financial inclusion in Trinidad and Tobago.Financial inclusion means that individuals and businesses have easy access to affordable and useful financial products…
Media Release – Inaccurate and Misleading article in the Trinidad Guardian on Debt Financing and Government Borrowing
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of a very misleading article in today’s Trinidad Guardian newspaper entitled “Government Borrows $14B in 9 months” This article gives an entirely false impression that as a result of massive Government borrowing, the public debt increased by over $14 billion between October 2023 and…
Media Release: Extension of Time for the Board of Inland Revenue to Issue Notices of Assessment of Property Tax
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the time period for the Board of Inland Revenue to issue Notices of Assessment of Property Tax has been extended from June 30, 2024, to July 31, 2024, vide Legal Notice No. 115 of 2024 (see the Legal Notice attached). This has become…