Government of the Republic of Trinidad and Tobago

Category: Media Release

Feature Address by the Minister of Finance at the Official Opening Ceremony of the CED Building, San Fernando

The new Customs and Excise Division Jetty is a T-shaped Jetty, with a length of 44m and a width of 32m. The jetty will accommodate vessels docking at the King’s Wharf port of entry for Trinidad and Tobago as well as safeguard the Customs and Excise’s mandate to promote security, as well as facilitate and…

Feature Address by the Minister of Finance at the Opening of the UNCDF-EU-OACP Regional Financial Inclusion Technical Workshop Series

Good morning, ladies and gentlemen.I am very pleased to be given this opportunity to contribute to today’s important discussion on Advancing Financial Inclusion in the Caribbean, especially when the digital financial services landscape is so rapidly changing.In Trinidad and Tobago, the Government, through the Ministry of Finance, is deeply invested in efforts to improve the…

Media Release – Minister of Finance Waives ALL Taxes on Components in CCTV Systems, including Cameras and DVRs, with effect from January 1st, 2023

The Minister of Finance, Hon. Colm Imbert, MP, wishes to announce a waiver of all taxes (Customs Duty, Online Purchase Tax and Value Added Tax) on CCTV cameras and DVRs used in CCTV systems, as stand-alone items.This tax waiver will take effect from January 1st, 2023.

Media Release: Minister of Finance wins lawsuit brought against him over the validity of the appointment of Patrick Ferreira as Chairman of the National Insurance Board

In March 2022, Opposition activist Ravi Balgobin Maharaj filed a lawsuit against the Minister of Finance Minister, Hon. Colm Imbert, MP, over the Minister’s decision to appoint businessman Patrick Ferreira as chairman of the National Insurance Board of Trinidad and Tobago (NIB). The Judge assigned to the matter, the Honourable Jacqueline Wilson, ruled in favour…

Media Release: Trinidad and Tobago Scans 5 Times More Containers than the USA and 10 Times More Containers than the EU

The Minister of Finance, Hon. Colm Imbert, MP, has noted commentary in the media regarding a recent disclosure that the Customs and Excise Division scans SEVENTEEN PERCENT (17%) of containers entering Trinidad and Tobago at official ports of entry.This statistic has led to further commentary from business spokespersons who have complained about the current level…

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…