The 2020 Annual Report and the Audited Financial Statements for the period ending September 30, 2020 were presented to the Parliament in January 2021. In addition, five (5) reports on withdrawals made under Section 15A of the HSF Act were laid in Parliament.
The Minister of Finance, Hon Colm Imbert, MP, has taken note of inaccurate and misleading statements made in a press release issued by the Opposition MP for Naparima about deposits to the Heritage and Stabilisation Fund (HSF). For the record, the aggregate of supplemental petroleum tax, petroleum profits tax and royalties for the period October…
During the second quarter of the financial year, the widespread distribution of vaccines and the accelerated pace of inoculations in several key economies boosted the global growth outlook for 2021. However, there was growing divergence in recovery outlook among countries. Over the period, the United States (US) and United Kingdom (UK) benefitted from relatively successful…
The Annual Report 2019 and the Audited Financial Statements for the period ending September
30, 2019 were presented to the Parliament in January 2020.
HERITAGE AND STABILISATION FUND (HSF) QUARTERLY INVESTMENT REPORT APRIL 2020 TO JUNE 2020.
For the financial year 2019, the Fund generated a return of 5.10 per cent. This performance compares favourably to the 3.79 per cent earned during the previous year.
