Government of the Republic of Trinidad and Tobago

Category: Government of the Republic of Trinidad and Tobago

Online Facebook Scams

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…

Media Release: Operationalization of SME Forex Window by the Export Import Bank of Trinidad and Tobago

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…

Feature Address by the Honourable Colm Imbert, MP, Minister of Finance on the Commissioning of Non-Intrusive Inspection (NII) Mobile Scanners at the Port of Port of Spain, Trinidad

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…

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…

Media Release – Exemption of Customs Duty, VAT, and Online Purchase Tax on Sporting Equipment, Electric Vehicle Chargers and Parts

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…

Media Release – Extension of the Tax Amnesty and National Insurance Amnesty to January 31, 2025

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…

Speech – Minister Imbert’s Presentation at the 17th Global Forum Plenary Meeting in Asunción, Paraguay

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…

Media Release: Trinidad and Tobago joins Multilateral Convention to tackle Tax Evasion and Avoidance

Today, at the OECD Headquarters in Paris, the Hon Colm Imbert MP, Minister of Finance of Trinidad and Tobago signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention), bringing the total number of jurisdictions that participate in the Convention to 149. By today’s signing, Trinidad and Tobago joins the world’s widest reaching international…

Media Release: S&P Affirms Trinidad and Tobago’s Investment Grade Rating

The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that today, Standard and Poors, the international credit rating agency, has affirmed Trinidad and Tobago’s credit rating at BBB-, an Investment Grade Rating reflective of the country’s credit strength. S&P has also maintained its stable outlook for Trinidad and Tobago. The country’s strong external…