Government of the Republic of Trinidad and Tobago

MEDIA RELEASE – MINISTRY OF FINANCE ACHIEVES A $1.08 BILLION FISCAL SURPLUS IN 2022

The Minister of Finance, Hon. Colm Imbert, wishes to advise that the Budget Division of the Ministry of Finance reported yesterday that as various ministries and departments continue to complete their accounting of the actual expenditure in Fiscal 2022, as opposed to the estimated expenditure published in the 2023 Budget Documents, it has turned out that the total expenditure for Fiscal 2022 was less than originally estimated, thus improving the fiscal balance.