Government of the Republic of Trinidad and Tobago

Category: Finance News

Strengthening partnerships in the banking sector that support Trinidad and Tobago’s economic future

This morning, I met with senior executives from Scotiabank for discussions focused on strengthening our relationship, exploring market opportunities, and reinforcing the bank’s commitment to Trinidad and Tobago. Our financial institutions are critical stakeholders in national development. Strong collaboration between Government, the financial sector, and the private sector is essential as we work to unlock…

Finance Minister at CAF’s International Economic Forum – Latin America and the Caribbean 2026

Minister of Finance, The Honourable Davendranath Tancoo is currently attending the CAF – Development Bank of Latin America and the Caribbean International Economic Forum 2026 in Panama City, Panama during the period January 28th – 29th, 2026. The annual event will bring together over one hundred and fifty (150) global leaders, regional experts, decision makers…

Finance Minister at CAF’s International Economic Forum – Latin America and the Caribbean 2026

Finance Minister Participates in Plenary Discussions at CAF’s International Economic Forum – Latin America and the Caribbean 2026 Earlier Today, Wednesday 28th January, 2026, Finance Minister, The Honourable Davendranath Tancoo participated in CAF’s International Economic Forum – Latin America and the Caribbean Plenary Session titled ‘Economic Outlook for Latin America and the Caribbean: Between Stability…

Finance Minister receives courtesy visit from Panamanian Ambassador

Earlier today, Minister of Finance the Honourable Davendranath Tancoo received a courtesy visit from the Ambassador of Panama, His Excellency Diomedes Carles at the Ministry’s Head Office at the Eric Williams Finance Building, Port of Spain. Discussions were centered around existing policies, trade agreements between the both countries, and they reinforced their commitment to further…

Media Release: Ministry of Finance – “Rejoice in Investment Grade Status”

Fear mongering in Trinidad and Tobago is a favourite pastime of PNM puppets and puppeteers.And it is no different with the latest ratings action from Standard & Poor’s, the internationalcredit ratings agency. We have all been conditioned to think and expect the worse when a moredispassionately objective assessment would better serve everyone. Let’s try to…

Media Release: S&P Affirms Trinidad and Tobago’s Investment Grade Rating but Revises Outlook, Highlighting the Need for Reforms

Today, the rating agency Standard & Poor’s (S&P) affirmed Trinidad and Tobago’s investment grade rating at BBB-, while revising the outlook from stable to negative. S&P’s affirmation of Trinidad and Tobago’s investment grade status reflects the country’s long established democratic institutions, economic stability, favourable external profile and buffers (“This profile includes a strong external creditor…

Speech by the Minister of Finance in the House of Representatives on Friday 19th September, 2025

(1)The Miscellaneous Provisions (FATF Compliance) Bill, 2025(2) The Counter-Proliferation Financing Bill, 2025 These two vital Bills provide strong protection against both crime and criminality. With their passage, Trinidad and Tobago will have a robust legislative framework to properly deal with the proceeds of crime including, cross-border activities, and the kind of white-collar crime that has…

Public Notice: Temporary Closure of Office Treasury Division – PayBranch Unit

The public is kindly advised that due to the ongoing inclement weather and staff constraints, the Paybranch Unit of the Treasury Division located on St Vincent Street, Port of Spain will be temporarily closed for business today, Friday June 13th 2025. However, all other services will remain open between the hours of 8.00 am to…

Media Release: Moody’s affirms Trinidad and Tobago’s Ba2 rating with Stable Outlook

On December 16, 2024, Moody’s affirmed Trinidad and Tobago’s rating at Ba2 with a Stable outlook. This affirmation is underpinned by the country’s return to sustained growth, primarily driven by the non-energy sector.Despite lower-than-projected energy revenues in fiscal year 2024, which have increased the fiscal deficit to 4.8% of GDP from 1.7% in fiscal year…