Review of the Economy 2025
Fraught with uncertainty and underwhelming, albeit steady performance, the global economy in 2025 will see its slowest growth since the COVID-19 pandemic, stemming primarily from a series of shocks from the United States (US) trade policy and other volatile geo-political tensions around the world. As such, the IMF has forecasted global growth to falter to…
Public Sector Investment Programme 2026
During fiscal year 2026, emphasis will be placed on building public institutions and infrastructure, empowering citizens through education and job opportunities, fostering safety and justice within our society while strengthening the economy through diversification, ease of doing business and wider use of advanced technology. To support the implementation of these priorities, an overall 2026 PSIP…
State Enterprises Investments Programme 2026
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…
Ministry of Finance Budget Statement 2026 – T&T First: Building Economic Fairness through Accountable Fiscal Policies
Budget Statement 2026 – T&T First: Building Economic Fairness through Accountable Fiscal Policies presented by Presented by the Minister of Finance the Honourable Davendranath Tancoo, MP., Minister of Finance in the House of Representatives on Monday, October 13, 2025. Mr Speaker, I am honoured to deliver the UNC’s inaugural Budget. On April 28, 2025, the…
Feature Address by the Minister of Finance at Divali Nagar Opening Ceremony
The Honourable Davendranath Tancoo, Minister of Finance as Chief Guest, presented the Feature Address at the Opening Night of the Divali Nagar held on Saturday 11th October, 2025. “…We aspire to cultivate a spirit of togetherness and shared purpose among our fellow citizens..” The Honourable Minister of Finance (L-R): President of the National Council for…
Media Release: Ministry of Finance – “Rejoice in Investment Grade Status”
Fear mongering in Trinidad and Tobago is a favourite pastime of PNM puppets and puppeteers.And it is no different with the latest ratings action from Standard & Poor’s, the internationalcredit ratings agency. We have all been conditioned to think and expect the worse when a moredispassionately objective assessment would better serve everyone. Let’s try to…
Media Release: S&P Affirms Trinidad and Tobago’s Investment Grade Rating but Revises Outlook, Highlighting the Need for Reforms
Today, the rating agency Standard & Poor’s (S&P) affirmed Trinidad and Tobago’s investment grade rating at BBB-, while revising the outlook from stable to negative. S&P’s affirmation of Trinidad and Tobago’s investment grade status reflects the country’s long established democratic institutions, economic stability, favourable external profile and buffers (“This profile includes a strong external creditor…