Government of the Republic of Trinidad and Tobago

Category: Media Release

Media Release – Minister of Finance wins Appeal in the High Court brought by Ravi Balgobin Maharaj against the decision of the High Court to uphold the appointment of the NIB Chairman

The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that this morning the Court of Appeal dismissed a challenge brought by Mr. Ravi Balgobin Maharaj against the Minister of Finance in relation to the appointment of Mr. Patrick Ferreira as the Chairman of the National Insurance Board of Trinidad and Tobago.In dismissing Maharaj’s…

Media Release: Successful, Heavily Oversubscribed, Bond Issue By The Republic Of Trinidad and Tobago of US$560 Million on the International Capital Market

On Monday September 11th, 2023, the Government of the Republic of Trinidad and Tobago, through the Ministry of Finance, successfully issued US$560 million Senior Unsecured long 7-year Notes at a coupon of 5.950% on the International Capital Market. The offer was oversubscribed by 3 times the amount required.

Media Release: S&P affirms Trinidad and Tobago’s investment grade rating based on financial resiliency

Today, Standard & Poor’s, the rating agency, has affirmed Trinidad and Tobago’s BBB-credit rating, with a stable outlook. The Honourable Minister of Finance underscores the fact that ‘S&P’s affirmation of our credit rating is a positive development and Trinidad and Tobago is one of the few Investment Grade countries within the Latin America and Caribbean…

MEDIA RELEASE – THE TRUE FACTS IN THE MATTER OF TERISSA DHORAY V ATTORNEY GENERAL OF TRINIDAD AND TOBAGO (THE TRINIDAD AND TOBAGO REVENUE AUTHORITY MATTER)

The Minister of Finance, the Honourable Colm Imbert, MP, has taken note of a press release issued by the Public Services Association (PSA) regarding a decision which the Minister made yesterday, which is related to the active case of Terissa Dhoray v the Attorney General of Trinidad And Tobago (The Trinidad and Tobago Revenue Authority…

Media Release: Moody’s Investors Services improves Trinidad and Tobago’s credit rating outlook from stable to positive

Today, Moody’s Investors Services, one of the premier international rating agencies which rank the creditworthiness of borrowers, in particular sovereign governments, has affirmed the Ba2 rating of Trinidad and Tobago, but moved Trinidad and Tobago’s outlook upwards from stable to POSITIVE. CLICK HERE FOR FULL MEDIA RELEASE

Media Release: The Ministry of Finance does not Approve or Condone Breaches of the Financial Laws and Regulations

The Minister of Finance has taken note of statements attributed to Mr. Gary Griffith, former Commissioner of Police, and current Political Leader of the National Transformation Alliance (NTA), in the Trinidad Guardian Newspaper of Saturday, July 1st, 2023 that the Government and/or Ministry of Finance “approved” various items of expenditure at the TTPS while he…

Media Release: Extension of 2022/2023 Tax Amnesty for the year of income 2021, to August 31, 2023

The Minister of Finance, Hon. Colm Imbert, MP, wishes to announce that the 2022/2023 tax amnesty for the year of income ending December 31, 2021 has been extended to August 31, 2023. This decision has been taken in consideration of the fact that under Section 29(1)(d) of the Public Procurement and Disposal of Public Property…