Government of the Republic of Trinidad and Tobago

Tag: 2021

Media Release : The IMF Praises Trinidad and Tobago’s Policy Response to Covid-19 and Encourages T&T to Shift its Policy Attention Only When Recovery is in Place

The IMF noted that Trinidad and Tobago faced “unprecedented challenges in 2020-21. The combined effects of COVID-19, energy production cuts, and price shocks pushed the economy further into recession”. In the face of such challenges, the IMF concluded that “The authorities’ decisive policy response helped contain COVID-19’s spread, protectlives and livelihoods, and paved the way…

Media Release: Moody’s Decision on Trinidad and Tobago’s Ratings Clashes with IMF recommendation on Debt Management under COVID

Today (November 19th), Moody’s announces that they brought the rating down by one notch, with a stable outlook.  The Honourable Colm Imbert, MP. Minister of Finance, has noted that “This decision by Moody’s collides with the policy advice we have received from all international organisations to protect our country and support the recovery in the…

MEDIA RELEASE: SUPPLEMENTARY LIST OF VAT-FREE (ZERO-RATED) ITEMS EFFECTIVE NOV 1ST, 2021

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the supplementary list of Basic Food Items that will be VAT-Free (Zero-Rated) from Monday, November 1st, 2021, has been published as The Value Added Tax (Amendment to Schedule 2)(No. 2) Order, 2021; Legal Notice No. 259, dated October 29th, 2021 (attached). The Order…