CAF -Development Bank of Latin America and the Caribbean- approved a donation of USD 250,000 for Trinidad and Tobago, which will assist in alleviating the effects of the oil spill that has affected the coast of Tobago, damaged its beaches, reefs, and threatened the local tourism industry. In a letter addressed to Keith Rowley, Prime Minister of…
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of media coverage of a recent discussion in a Joint Select Committee of Parliament (JSC) where an Opposition MP proposed the imposition of new taxes on cultural artistes. The Minister of Tourism and Culture has already debunked the false narrative that that Opposition MP’s…
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that the data so far on the recent NIF2 $400 million 5-year bond issue, which was offered to the public at an interest rate of 4.5% per annum, shows that NIF2 has been a tremendous success. NIF2 was designed to provide all citizens with…
The Government of the Republic of Trinidad and Tobago (GoRTT) Social Sector Investment Programme (SSIP), continues to be of paramount importance in meeting the social protection needs of the vulnerable population. Consequently, the SSIP works to transform Government’s vision for the sustainable development of the society into tangible programmes and projects. These projects and programmes…
According to the Ministry of Finance’s estimates, the Trinidad and Tobago economy is expected to register Real GDP growth of 2.7 percent in 2023, following more moderate growth of 1.5 percent in 2022. The expected outturn for 2023 is premised on an expansion in the Non-Energy Sector, partially counteracted by a marginal decline in the Energy…
Madam Speaker, I have been authorized by Cabinet to make the following Statement. I therefore thank you for the opportunity to deliver this Statement on the Annual Report of the Financial Intelligence Unit of Trinidad and Tobago (FIUTT) for the year ended September 30, 2023. READ MORE
The Treasury Division wishes to advise that the payment of Government Salaries and Pensions for December, 2023 and January, 2024.
The State Enterprises Sector comprises 52 companies of which 40 are wholly owned, eight are majority owned and four of which the Government of the Republic of Trinidad and Tobago (GORTT) has a minority shareholding. A complete list of the State Enterprises is at Appendix I.These entities operate in the energy and energy based, financial…
National Budget Statement 2024 presented by the Honourable Colm Imbert, MP, Minister of Finance in the House of Representatives on Monday 2nd October, 2023. Madam Speaker, I wish to present to this Honourable House the Budget Statement for the financial year 2024. However, it is only fitting that before starting I thank Dr. the Honourable…