Government of the Republic of Trinidad and Tobago

Tag: 2024

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…

Media Release: Modern Mobile Scanners Arrive in Trinidad to be Deployed in Border Security Efforts of the Customs and Excise Division

The Minister of Finance is pleased to announce the arrival of the first two (2) high/medium energy mobile X-ray scanners in Trinidad on Sunday November 3rd 2024. In January 2024, the Ministry of Finance signed a contract with Canadian-based Sectus Technologies for the purchase of four (4) high/medium mobile X-ray scanners to be used for…

Joint Media Release: British High Commission and Ministry of Finance – Signing of MoU between Ministry of Finance and UK Export Finance

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…

Media Release: The EximBank Forex Window for the Importation of Essential Items has been Resumed after careful review

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…

Review of the Economy 2024 (Mobile Version)

Following four years of turbulence triggered by a devastating pandemic, deepening geo-economic fragmentation, surging inflation, and widespread monetary policy tightening, the global economy in 2024 seems to be trending toward a ‘soft landing’. According to the International Monetary Fund’s (IMF) latest projections, growth for 2024 will hold steady around 3.2 percent owing to markets rebounding as…