Government of the Republic of Trinidad and Tobago

Tag: 2024

Media Release: The EximBank Forex Window for the Importation of Essential Items has been Resumed after careful review

After careful consideration and a comprehensive review by the Ministry of Finance and the EximBank over the last month, Cabinet, at its regular weekly meeting last week, which was held on Friday, November 1st, 2024, agreed to a recommendation from the Minister of Finance that the forex window at the EximBank for essential imports, which…

Review of the Economy 2024 (Mobile Version)

Following four years of turbulence triggered by a devastating pandemic, deepening geo-economic fragmentation, surging inflation, and widespread monetary policy tightening, the global economy in 2024 seems to be trending toward a ‘soft landing’. According to the International Monetary Fund’s (IMF) latest projections, growth for 2024 will hold steady around 3.2 percent owing to markets rebounding as…

The Honourable Colm Imbert, MP, Minister of Finance Keynote Speech at the Trinidad and Tobago Stock Exchange Limited Capital Market Conference 2024: “Charting New Horizons: Accelerating Growth With Diversification And Seizing Digital Opportunities” at the Hyatt Regency Hotel, Regency Ballroom, Wrightson Road, Port of Spain on Wednesday, October 30, 2024

Today’s conference is driven by the thought-provoking theme of “Charting New Horizons: Accelerating Growth with Diversification and Seizing Digital Opportunities.”At this critical juncture in our economic development, the Government of Trinidad and Tobago is fully prepared to expand and develop our capital markets. Our goal is clear: to create a resilient, diversified economy that can…

Media Release: Misleading Forex Access Stories in the Trinidad Express

The Minister of Finance, Hon. Colm Imbert, MP, has noticed yet another series of misleading and inaccurate stories about access to foreign exchange being peddled by the Trinidad Express as if these stories were factual. This media campaign is clearly mischievous, and it is necessary to set the record straight. EXIMBANK’s PURPOSE A perusal of…

Media Release: AGOJ2021/001 Ellis Richards and Others v The State of Trinidad and Tobago Caribbean Court of Justice

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that yesterday the Caribbean Court of Justice (“CCJ”) dismissed the claim brought by Ellis Richards and others against Trinidad and Tobago in relation to the CL Financial bailout in 2009, which excluded annuity and investment products issued by British American Insurance Company Limited (a…