Fiscal Year 2024 was a watershed year for the global economy, in which the central banks of the major developed countries completed the process of returning inflation to its pre-pandemic level.
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…
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
Today, Wednesday 18th June, 2025, the Honourable Davendranath Tancoo, Minister of Finance presented the Finance (Supplementary Appropriation) Bill 2025 & Mid-Year Review 2025 at the 3rd Sitting of the House of Representatives.
The Honourable Davendranath Tancoo, Minister of Finance, along with the Honourable Vandana Mohit, Minister of the People, Social Development and Family Services (MPSDFS) and Dr. Natalie Chaitan-Maharaj, Parliamentary Secretary, MPSDFS, received a virtual presentation from a team of officials from the World Bank on Wednesday June 11th, 2025 at the Ministry of Finance Head Office,…
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…
The Minister of Finance, the Honourable Davendranath Tancoo 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) has been extended to August 2, 2025. In this regard, the necessary Orders to extend time have been published as Legal…
Finance Minister, The Honourable Davendranath Tancoo met with representatives from the Development Bank of Latin America (CAF) to discuss some of the ongoing initiatives with the Government of Trinidad and Tobago led by the Ministry of Finance (MOF) and to formally highlight the bank’s role as Trinidad and Tobago’s principal multilateral development partner. The meeting…
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…