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…
Media Release: Minister of Finance appoints new Board of First Citizens Holdings Limited
Port of Spain: On Wednesday, August 27, 2025, The Hon. Davendranath Tancoo, MP, Minister of Finance presented instruments of appointment to new members of the Board of Directors of the First Citizens Holdings Limited.
Media Release: Response to Colm Imbert’s comments on Credit Card USD spending limit cut
“Mr Imbert is expressing fake concern for a crisis he caused by failing to create an enabling environment for foreign and domestic investment, economic diversification and to boost non-energy production and exports in particular,” the Finance Minister said.“As a country, we are using more foreign exchange than we are generating, and have been doing so…
Media Release: Finance Minister appoints new National Lotteries Control Board
On Monday 21st July, 2025, Minister of Finance, the Hon. Davendranath Tancoo, MP, presented instruments of appointment to new members of the Board of Directors of the National Lotteries Control Board (NLCB).The Government has agreed to the appointment of the under-mentioned persons, as members of the Board of Directors:- IMAGE GALLERY
Media Release: Finance Minister concludes successful trip to Seville, Spain, June 27th – July 01st, 2025
The Honourable Davendranath Tancoo, MP, Minister of Finance, successfully concluded his trip to Seville, Spain, where he attended and presided over several high-level meetings in his capacity as Chairman of the Development Bank of Latin America and the Caribbean (CAF).Upon his return to Trinidad and Tobago on Tuesday 1st July, 2025 Minister Tancoo remarked: “I…
Media Release: Larry Howai Appointed Governor of Central Bank
On Wednesday 25th June, 2025, the Hon. Davendranath Tancoo, MP, Minister of Finance, presented instrument of appointment to the new Governor of the Central Bank of Trinidad and Tobago (CBTT), Mr. Larry Howai. IMAGE GALLERY