State Enterprises’ purchasing power has been shielded largely by the lower rate of inflation prevailing in the domestic economy, compared to other Eastern Caribbean economies ranked by the International Monetary Fund (IMF), as amongst the lowest in the world. In contrast, the IMF, in its July 2025 Update of its World Economic Outlook (WEO), laments…
Earlier today, (Monday 15th December, 2025), Minister of Finance, the Honourable Davendranath Tancoo travelled to Panama City, Panama to attend both the Board of Directors and the XLVI Audit Committee (CAU) Meetings hosted by CAF – Development Bank of Latin America and the Caribbean in Panama City, Panama scheduled from 15th -16th December, 2025.The CLXXXVII…
Excerpt: “Moody’s affirmation of Trinidad & Tobago’s Ba2 rating is predicated on the robust credit strengths of our country – including the existence of substantial fiscal buffers such as the Heritage and Stabilisation Fund (HSF) and cash equivalent assets, amounting to 45% of GDP – as well as the expectation of positive oil and gas…
Excerpt: ”The Government has taken note of the planned “day of rest and reflection” by nursing personnel over outstanding wage settlements. While we respect the right to protest, we urge that patient care and essential services be protected at all times.Regional Health Authorities (RHAs) are public sector bodies created under their own Act and are…
Earlier today, Minister of Finance the Honourable Davendranath Tancoo received a courtesy visit from the Ambassador of Panama, His Excellency Diomedes Carles at the Ministry’s Head Office at the Eric Williams Finance Building, Port of Spain. Discussions were centered around existing policies, trade agreements between the both countries, and they reinforced their commitment to further…
On December 05, 2025, the Honourable Davendranath Tancoo, Minister of Finance welcomed His Excellency Guillaume Pierre, Ambassador of the French Republic to Trinidad and Tobago, and other representatives of the French Embassy for a courtesy meeting. Also present, was the Ministry of Finance’s Permanent Secretary, Mrs. Suzette Taylor-Lee Chee. During the discussions, Minister Tancoo highlighted…
The Treasury Division wishes to advise that the payment of Government Salaries and Pensions for September, 2025 will be made on the undermentioned dates: –
The global financial landscape is moving quickly and, Trinidad and Tobago cannot remain still. In fact, later today in Parliament, I will have the privilege of piloting the Virtual Assets and Virtual Assets Service Providers Bill, 2025 a key step toward modernising our legislative framework and keeping pace with digital monetary developments. In this rapidly…
Excerpt: The seized Marijuana carries an estimated street value of TT$9,737,800.00, while the MDMA carries an estimated street value of TT$1,515,000.00.These successful operations highlight the Division’s unwavering commitment to protecting the borders of Trinidad and Tobago from the illicit narcotics trade and other forms of smuggling that pose risks to public health, safety, and national…