Government of the Republic of Trinidad and Tobago

Tag: 2023

Media Release: The FIUTT does not act without Lawful Cause

The Financial Intelligence Unit of Trinidad and Tobago (“the FIUTT”) has always applied diligence and reverence for the law in the utilization of it powers. The FIUTT therefore ensures that when requests are made to Financial Institutions and Listed Businesses for information, it has sufficient and lawful basis for doing such. Under the FIUTT Act,…

Media Release – Minister of Finance wins Appeal in the High Court brought by Ravi Balgobin Maharaj against the decision of the High Court to uphold the appointment of the NIB Chairman

The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that this morning the Court of Appeal dismissed a challenge brought by Mr. Ravi Balgobin Maharaj against the Minister of Finance in relation to the appointment of Mr. Patrick Ferreira as the Chairman of the National Insurance Board of Trinidad and Tobago.In dismissing Maharaj’s…

Media Release: Successful, Heavily Oversubscribed, Bond Issue By The Republic Of Trinidad and Tobago of US$560 Million on the International Capital Market

On Monday September 11th, 2023, the Government of the Republic of Trinidad and Tobago, through the Ministry of Finance, successfully issued US$560 million Senior Unsecured long 7-year Notes at a coupon of 5.950% on the International Capital Market. The offer was oversubscribed by 3 times the amount required.