On Monday October 16, 2023, CariCRIS, the regional credit rating agency, has reaffirmed the “high creditworthiness” ratings of CariAA (Foreign and Local Currency) on its regional scale, for the Government of the Republic of Trinidad and Tobago. The scale goes from CariAAA to CariBB. Trinidad and Tobago’s credit rating of CariAA with CariCRIS, is the…
National Budget Statement 2024 presented by the Honourable Colm Imbert, MP, Minister of Finance in the House of Representatives on Monday 2nd October, 2023. Madam Speaker, I wish to present to this Honourable House the Budget Statement for the financial year 2024. However, it is only fitting that before starting I thank Dr. the Honourable…
According to the Ministry of Finance’s estimates, the Trinidad and Tobago economy is expected to register Real GDP growth of 2.7 percent in 2023, following more moderate growth of 1.5 percent in 2022. The expected outturn for 2023 is premised on an expansion in the Non-Energy Sector, partially counteracted by a marginal decline in the…