The Minister of Finance has noted with interest an editorial in the Sunday Express regarding foreign exchange supply and demand. The editorial correctly points out that the sales of foreign exchange to the public for the first 7 months of 2023 are almost the same as the amount of forex available to the public in…
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…
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.
The Treasury Division wishes to advise that the payment of Government Salaries and Pensions for September, 2023 will be made on the undermentioned dates
Based on representation and requests made by members of the general public, the Minister of Finance, Hon. Colm Imbert, M.P., recently authorized the Board of Inland Revenue to pay all individual income tax refunds of up to $20,000 or less.
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…
Provision of Financial Advisory Services to the Government of the Republic of Trinidad and Tobago (GORTT) for the Ministry of Finance for a period of One (1) Year
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
On July 05, 2023 the Hon. Brian Manning, Minister in the Ministry of Finance delivered the Feature Address at the launch of the TTIFC’s One FinTech Avenue.During his address, Minister Manning said the facility will be regarded as the starting point and gateway for FinTech innovation in the Caribbean and the first of its kind…