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…
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…
The Treasury Division wishes to advise that the payment of Government Salaries and Pensions for September, 2025 will be made on the undermentioned dates: –
The Ministry of Finance and the Ministry of Public Administration and Artificial Intelligence urgently alert the public to the continued circulation of fraudulent social media posts falsely claiming that the Honourable Davendranath Tancoo, Minister of Finance and the Ministry are involved in investment schemes. As stated previously by the Ministry of Finance, these claims are…
The Ministry of Finance wishes to advise of the launch of the SME Forex Window as a pilot project through the Export Import Bank of Trinidad and Tobago which will expand the existing forex programmes that are in place by this Government and is specifically targeted to supporting small and medium business growth and economic…
It is my distinct honour to stand before you today at this landmark event—the commissioning of state-of-the-art Non-Intrusive Inspection (NII) scanners at the Port of Port of Spain. This event confirms the Government’s commitment to strengthening national security, enhancing trade facilitation, and ensuring efficiency in our port operations.With more than 300,000 containers passing through the…
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…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that in keeping with the Budget Statement for the Financial Year 2025, there is a waiver of all Customs Duty, Valued Added Tax, and Online Purchase Tax on the following, effective January 1, 2025 (see Legal Notice Nos. 249, 250 and 251 of 2024…
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the Tax Amnesty and National Insurance Amnesty introduced by the Finance Act 2024, which expired on December 31, 2024, will be extended to January 31, 2025. In this regard, the necessary Orders to extend the deadline will be published by tomorrow, Friday, January…
The Honourable Colm Imbert, Minister of Finance, brought remarks (via video presentation) at the 17th Global Forum Plenary Meeting in Asunción, Paraguay, in November of 2024. The Plenary meeting brought together high-level representatives from jurisdictions, international organizations, civil society, and academia. This diverse participation enriched the discussions and presented various perspectives on existing and emerging…