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…
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of a very misleading article in today’s Trinidad Guardian newspaper entitled “Government Borrows $14B in 9 months” This article gives an entirely false impression that as a result of massive Government borrowing, the public debt increased by over $14 billion between October 2023 and…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the time period for the Board of Inland Revenue to issue Notices of Assessment of Property Tax has been extended from June 30, 2024, to July 31, 2024, vide Legal Notice No. 115 of 2024 (see the Legal Notice attached). This has become…
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of the decision of the Court of Appeal today in the matter of Jaiwante Ramdass (the Auditor General) – v – The Minister of Finance and the Cabinet of the Republic of Trinidad and Tobago regarding an investigation into issues associated with the Report…
Madam Speaker, I am authorized by Cabinet to make the following Statement on the Report of the Auditor General on the Consolidated Financial Statements of the Trinidad and Tobago Unit Trust Corporation for the year ended December 31, 2023. In accordance with Section 30, subsections (6) and (7) of the Unit Trust Corporation of Trinidad…
Port of Spain, Trinidad, June 18, 2024 – Export-Import Bank of the United States (EXIM) President and Chair Reta Jo Lewis met with Trinidad and Tobago’s Prime Minister Keith Rowley and signed a US$500 million Memorandum of Understanding (MOU) for the Republic of Trinidad and Tobago with Minister of Finance and the Economy Colm Imbert.…
The Minister of Finance, Hon. Colm Imbert, MP, is pleased to announce that following a nine (9) hour long virtual Roadshow yesterday (June 17th), where the Minister made a presentation on seven (7) occasions throughout the day to international investors on the Republic of Trinidad and Tobago, and fielded questions on the management of the…
The Honourable Colm Imbert, Minister of Finance, welcomes the International Monetary Fund’s (IMF) Annual Report on Trinidad and Tobago, published on June 05 2024, which provides an independent assessment of our economy. The IMF underlines that “Trinidad and Tobago is undergoing a gradual and sustained economic recovery.” The unemployment rate decreased to 3.2 percent in…
The Minister of Finance, Hon. Colm Imbert, MP, has observed with deep disappointment the inaccurate, misleading and downright dangerous reporting and commentary by the Trinidad Guardian Newspaper on Statements that he made on Monday in Parliament on the budgetary allocation of the Ministry of Health.