Today, May 22nd 2020, Moody’s has confirmed Trinidad and Tobago’s rating at Ba1, one of the highest in the Caribbean region. In a series of rating decisions that have seen a number of oil and gas exporting countries downgraded all over the world, Moody’s has simply changed the outlook to negative.
On Friday May 8th, 2020 the Honourable Colm Imbert, Minister of Finance, on behalf of the Government of the Republic of Trinidad and Tobago (GORTT), signed an agreement with the Co-operative Credit Union League of Trinidad and Tobago (CCULTT) and the Central Finance Facility (CFF), for a $100M Government Guaranteed Loan Facility.
Holders of NIF Bonds are assured that their long-term investment is secure and that they will receive their interest payments on time and in the amounts agreed to.
The Ministry of Finance notes consistent inaccuracies in a story entitled “Bureaucracy to Blame for Grant Delay” in the Trinidad Express’ publication of April 30th, 2020 that references the Salary Relief Grant.
Persons registered for VAT, (VAT Registrants) can now apply for the payment of outstanding VAT refunds, via VAT Bonds. The BIR advises such persons that application forms can be accessed at the Inland Revenue Division’s (IRD) website at www.ird.gov.tt.
Media Release – NO DIRECTIONS GIVEN BY THE MINISTER OF FINANCE
Statement of Facts on Allegations Made by the Opposition Regarding a Private Apartment Building Project
Media Release – 2020 National Budget
Media Release -MOODY’S GIVES POSITIVE OPINION ON TRINIDAD AND TOBAGO’S FISCAL MANAGEMENT