At the start of the financial year 2023, elevated inflation and aggressive monetary policies in developed countries raised fears that these countries could not possibly avert a recession leading to a global downturn.
Today, the Cabinet approved the composition of a Team recommended by the Minister of Finance to investigate the understatement of revenue for the financial year 2023 and related matters. The Investigation Team will be chaired by retired High Court Judge Justice David Harris and will include Mr. David C. Benjamin, a former Audit Director at…
The Minister of Finance, Hon. Colm Imbert, MP, wishes to advise that on April 5, 2024, he signed into law, with the agreement of the Office of Procurement Regulation (“OPR”), the Public Procurement and Disposal of Public Property (Simplified Procurement) Regulations, 2024, that is applicable to the procurement of all goods, services and works valued…
Draft Estimates of Revenue and Expenditure of Ministries and Departments including the Income and Expenditure of Statutory Boards and similar Bodies and of the Tobago House of Assembly for the Financial Year 2025.
The Comptroller of Accounts, Treasury Division wishes to advise the following Cheques issued between the period October 1st 2022 and September 30th 2023 and remain uncashed will become VOID after March 31st 2024. Payees are therefore requested to have outstanding cheques encashed before March 27th 2024. Persons should disregard this notice, if cheques were encashed…
Madam Speaker, I am authorized by Cabinet to make the following statement regarding the implementation of Property Tax in Trinidad and Tobago. The Government has been making steady progress in the implementation of Property Tax. To this end, we are currently at the stage where Notices of Tax Assessments under the Property Tax Act, have…
The Minister of Finance, Hon. Colm Imbert, MP, is encouraged and heartened by the Staff Concluding Statement of the recent IMF 2024 Article IV Mission to Trinidad and Tobago, which predicts a positive medium-term outlook for Trinidad and Tobago. The IMF’s 2024 Article IV visit to Trinidad and Tobago occurred between February 28, 2024, to…