The Minister of Finance, Hon. Colm Imbert, MP, has taken note of a misunderstanding regarding the meaning and effect of the Notices of Valuation which are being posted out to residential property owners.Although these Notices of Valuation do not refer to Property Tax and are not issued by the Board of Inland Revenue, it is…
Ladies and Gentlemen, it is a pleasure to address you today, as this forum provides an opportune collaboration in developing and aligning public economic policy with the strategic plans of the private sector- so that the broad national agenda is executed. Over the past year, the world has been recalibrating and repositioning its efforts following…
The Honourable Colm Imbert Minister of Finance along with the Honourable Pennelope Beckles-Robinson, Minister of Planning and Development met with a visiting mission from the Saudi Arabian Fund for Development (SFD) at the Eric William Finance Building on October 31st, 2023. The Mission was led by Mr. Yaser Albakri, Director General of Sectoral Expertise and…
On Monday October 16, 2023, CariCRIS, the regional credit rating agency, has reaffirmed the “high creditworthiness” ratings of CariAA (Foreign and Local Currency) on its regional scale, for the Government of the Republic of Trinidad and Tobago. The scale goes from CariAAA to CariBB. Trinidad and Tobago’s credit rating of CariAA with CariCRIS, is the…
The Minister of Finance has noted a lot of uninformed and speculative commentary in the public domain regarding a recent decision of Republic Bank to reduce credit card limits from US$10,000 to US$5,000 and an unfounded belief that this move by the Bank was done on the Minister’s instructions. Read more
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,…