The Ministry of Finance (MOF) earlier today welcomed the new Finance Minister, The Honourable Davendranath Tancoo. Upon his arrival, Minister Tancoo was greeted by the Permanent Secretary, Ms. Suzette Taylor-Lee Chee and the Ministry’s executive team of Permanent Secretaries and Deputy Permanent Secretaries. Minister Tancoo received verbal briefings from the executive team as well as…
On March 14, 2025, Caribbean Information & Credit Rating Services Limited (CariCRIS), the regional credit rating agency, reaffirmed Trinidad and Tobago’s investment-grade credit rating of CariAA, with a Stable outlook. The Rating Rationale was published on April 25, 2025. This rating is the second highest among Caribbean and Latin American countries, after Chile, reflecting the…
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…
The Minister of Finance, Vishnu Dhanpaul, wishes to advise that the Tax and National Insurance Amnesty introduced by the Finance Act, 2024 (with effect from October 1, 2024 to December 31, 2024) will be extended to May 2, 2025. In this regard, the necessary Orders to have been published as Legal Notice Nos. are 110,…
Santiago, Chile – March 28, 2025: At its first board meeting of 2025, Trinidad and Tobago assumed the Chairmanship of the Board of Directors of CAF – Development Bank of Latin America and the Caribbean.The Minister of Finance, Hon. Vishnu Dhanpaul will serve a one-year term, during which he will preside over all meetings of…
The Minister of Finance, Hon. Colm Imbert, MP, has taken note of the latest diatribe from the Leader of the Opposition regarding the impasse which occurred in 2024 between public officers at the Ministry of Finance and the Auditor General over the 2023 public accounts. The Leader of the Opposition, Hon Kamla Persad-Bissessar, S.C. MP,…
As we are all aware, Small and Medium Enterprises (SMEs) are critical to the development of Trinidad and Tobago. At present, there are approximately 20,000–25,000 SMEs, representing roughly 95% of the registered businesses in the country, and they employ nearly 200,000 persons in the workforce. They also contribute significantly to employment and innovation in Trinidad…
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that he has requested the Board of Inland Revenue to issue individual tax refunds to all eligible taxpayers that are owed these refunds in amounts up to $25,000.
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that in January 2025, Trinidad and Tobago was deemed by the OECD Forum on Harmful Tax Practices to be free from harmful tax practices, and removed from the list of countries with such practices in February 2025. The OECD Forum on Harmful Tax Practices…