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…
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…
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…
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…
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…
(1)The Miscellaneous Provisions (FATF Compliance) Bill, 2025(2) The Counter-Proliferation Financing Bill, 2025 These two vital Bills provide strong protection against both crime and criminality. With their passage, Trinidad and Tobago will have a robust legislative framework to properly deal with the proceeds of crime including, cross-border activities, and the kind of white-collar crime that has…
The Treasury Division wishes to advise that the payment of Government Salaries and Pensions for September, 2025 will be made on the undermentioned dates: –
Port of Spain: On Wednesday, August 27, 2025, The Hon. Davendranath Tancoo, MP, Minister of Finance presented instruments of appointment to new members of the Board of Directors of the First Citizens Holdings Limited.