Media Release – Investigation into an Understatement of Revenue for the Financial Year Ended September 2023 and Related Events
Today, the Cabinet approved the composition of a Team recommended by the Minister of Finance to investigate the understatement of revenue for the financial year 2023 and related matters. The Investigation Team will be chaired by retired High Court Judge Justice David Harris and will include Mr. David C. Benjamin, a former Audit Director at…
MEDIA RELEASE – PUBLICATION OF THE SIMPLIFIED PROCUREMENT REGULATIONS, 2024
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that on April 5, 2024, he signed into law, with the agreement of the Office of Procurement Regulation (“OPR”), the Public Procurement and Disposal of Public Property (Simplified Procurement) Regulations, 2024, that is applicable to the procurement of all goods, services and works valued…
Ministry of Finance Call Circular No. 03 dated April 3, 2024
Draft Estimates of Revenue and Expenditure of Ministries and Departments including the Income and Expenditure of Statutory Boards and similar Bodies and of the Tobago House of Assembly for the Financial Year 2025.
Public Notice: Void Cheques Listing of Payees Uncashed Cheques for the Period – October 1st 2022 to September 30th 2023
The Comptroller of Accounts, Treasury Division wishes to advise the following Cheques issued between the period October 1st 2022 and September 30th 2023 and remain uncashed will become VOID after March 31st 2024. Payees are therefore requested to have outstanding cheques encashed before March 27th 2024. Persons should disregard this notice, if cheques were encashed…
Media Release: Ministry of Finance Statement on the Implementation of Property Tax
Madam Speaker, I am authorized by Cabinet to make the following statement regarding the implementation of Property Tax in Trinidad and Tobago. The Government has been making steady progress in the implementation of Property Tax. To this end, we are currently at the stage where Notices of Tax Assessments under the Property Tax Act, have…
Media Release: IMF Confirms that Trinidad and Tobago is Undergoing a Sustained Economic Recovery
The Minister of Finance, Hon. Colm Imbert, MP, is encouraged and heartened by the Staff Concluding Statement of the recent IMF 2024 Article IV Mission to Trinidad and Tobago, which predicts a positive medium-term outlook for Trinidad and Tobago. The IMF’s 2024 Article IV visit to Trinidad and Tobago occurred between February 28, 2024, to…
Media Release: Misconceptions regarding Government’s Decision on the 117th SRC Report
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of a misconception in the public domain regarding the Government’s decision on the 117th Report of the Salaries Review Commission. It must be emphasised that the 117th SRC Report is the result of a job evaluation exercise that has taken over a decade to…