Government of the Republic of Trinidad and Tobago

Category: Ministry of Finance

Media Release: Moody’s affirms Trinidad and Tobago’s Ba2 rating with Stable Outlook

On December 16, 2024, Moody’s affirmed Trinidad and Tobago’s rating at Ba2 with a Stable outlook. This affirmation is underpinned by the country’s return to sustained growth, primarily driven by the non-energy sector.Despite lower-than-projected energy revenues in fiscal year 2024, which have increased the fiscal deficit to 4.8% of GDP from 1.7% in fiscal year…

Notice of Vacancy: Treasury Solicitor (Group L2A), Treasury Solicitor Department, Ministry of Finance

Applications are invited from suitably qualified persons for appointment to the office of Treasury Solicitor (Group L2A), Treasury Solicitor’s Department, Ministry of Finance. Under the general direction of the Minister of Finance, the incumbent is required to advise and guide the Minister of Finance and all Ministries/ Departments of Government on the proper financial management…

Media Release – Exemption of Customs Duty, VAT, and Online Purchase Tax on Sporting Equipment, Electric Vehicle Chargers and Parts

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that in keeping with the Budget Statement for the Financial Year 2025, there is a waiver of all Customs Duty, Valued Added Tax, and Online Purchase Tax on the following, effective January 1, 2025 (see Legal Notice Nos. 249, 250 and 251 of 2024…

Media Release – Extension of the Tax Amnesty and National Insurance Amnesty to January 31, 2025

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the Tax Amnesty and National Insurance Amnesty introduced by the Finance Act 2024, which expired on December 31, 2024, will be extended to January 31, 2025. In this regard, the necessary Orders to extend the deadline will be published by tomorrow, Friday, January…

Speech – Minister Imbert’s Presentation at the 17th Global Forum Plenary Meeting in Asunción, Paraguay

The Honourable Colm Imbert, Minister of Finance, brought remarks (via video presentation) at the 17th Global Forum Plenary Meeting in Asunción, Paraguay, in November of 2024. The Plenary meeting brought together high-level representatives from jurisdictions, international organizations, civil society, and academia. This diverse participation enriched the discussions and presented various perspectives on existing and emerging…

Media Release: Trinidad and Tobago joins Multilateral Convention to tackle Tax Evasion and Avoidance

Today, at the OECD Headquarters in Paris, the Hon Colm Imbert MP, Minister of Finance of Trinidad and Tobago signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention), bringing the total number of jurisdictions that participate in the Convention to 149. By today’s signing, Trinidad and Tobago joins the world’s widest reaching international…