FIUTT: A Risk-Based Approach to Counter Proliferation Financing Risks
The FIUTT has released a Best Practices Paper to support financial institutions and listed businesses (Reporting Entities) in enhancing their compliance frameworks.
Public Notice: Temporary Closure of Office Treasury Division – PayBranch Unit
The public is kindly advised that due to the ongoing inclement weather and staff constraints, the Paybranch Unit of the Treasury Division located on St Vincent Street, Port of Spain will be temporarily closed for business today, Friday June 13th 2025. However, all other services will remain open between the hours of 8.00 am to…
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 – A Summary by the Minister of Finance, Hon. Colm Imbert, MP, of the Annual Report of the Financial Intelligence Unit of Trinidad and Tobago (FIUTT) for the year ended September 30, 2024
In accordance with Section 18 of the Financial Intelligence Unit of Trinidad and Tobago Act, Chap. 72:01, the Director of the FIUTT submitted to the Minister of Finance its Annual Report for 2024. This Report was laid in Parliament by the Minister, Hon. Colm Imbert, MP, on Wednesday, February 8, 2025. The following are some…
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…
Public Notice: Change in Business Hours, Treasury Division – Ministry of Finance
The Treasury Division wishes to inform members of the public that counter services for the sections listed below will be closed at 12:00 noon on Tuesday December 24th, 2024 and Tuesday 31st December, 2024.