Budget Statement 2025: Steadfast and Resolute – Forging Pathways to Prosperity
National Budget Statement 2025 presented by the Honourable Colm Imbert, MP, Minister of Finance in the House of Representatives on Monday 30th September, 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…
Office of the Supervisor of Insolvency (OSI): World Bank Group Mission to strengthen the Insolvency regime in Trinidad and Tobago
Over the period July 8 to 12, 2024, the Office of the Supervisor of Insolvency (OSI) in conjunction with the World Bank Group (WBG) held training activities and stakeholder meetings as part of its mission to strengthen the Insolvency regime in Trinidad and Tobago.
Heritage and Stabilisation Fund (HSF) Annual Report 2023
At the start of the FY2023, elevated inflation and aggressive monetary policies in developed countries raised fears that these countries could not possibly avert a recession leading to a global downturn.
HERITAGE AND STABILISATION FUND (HSF) QUARTERLY INVESTMENT REPORT JANUARY 2024 TO MARCH 2024
Economic performance of the main developed countries in the first quarter of calendar year 2024 has been mixed, with the United States continuing to lead the way with robust economic growth and the European economies (the United Kingdom and the Eurozone) showing a modest recovery after a sluggish performance in the second half of 2023.…