S&P Global Ratings has reaffirmed Trinidad and Tobago’s investment-grade credit rating of BBB-. The decision preserves the country’s investment-grade standing and recognises its favourable external position, strong external creditor position and substantial national assets, including the Heritage and Stabilisation Fund.
On July 09, 2026, the Government of the Republic of Trinidad and Tobago successfully completed the issuance of a USD 800 Million Sovereign Bond in the United States market. The bonds were oversubscribed by approximately 400%, representing the largest level of oversubscription achieved by Trinidad and Tobago since the issuance of the country’s first benchmark-size…
Finance Minister, the Honourable Davendranath Tancoo joined leaders from around the globe for the OPEC Fund Development Forum 2026 in Vienna, Austria on June 23rd 2026. The event convened under the theme, “A Transition That Empowers Our Tomorrow”, primarily focused on discussions on advancing development impact and strengthening resilience, particularly in vulnerable nations. This year’s…
On Monday 22nd June, 2026, the Customs and Excise Division (C&ED) successfully intercepted a shipment containing marijuana and a firearm during an intelligence-led operation conducted at a Customs Bonded Area in Port of Spain. The detailed examination of cargo consigned to a retired Customs and Excise Guard resulted in the discovery of eleven (11 packages)…
The Ministry of Finance (MOF) wishes to alert the public to a fraudulent video currently circulating on social media platforms which falsely portrays the Minister of Finance, the Honourable Davendranath Tancoo, MP. The video in question utilises manipulated audio and video technology commonly known as a “deepfake” to mimic the Minister’s likeness and voice. In…
“Today, international rating agency Moody’s has raised Trinidad and Tobago’s rating outlook from “Negative” to “Stable”, while affirming the country’s Ba2 rating. This development follows closely on the IMF’s Article IV consultation and signals increasing international confidence in the policy direction pursued by the Government since taking office one year ago. Two of the world’s…
The Honourable Davendranath Tancoo, M.P., Minister of Finance, laid the Finance Bill, 2026 in the House of Representatives today, June 5th, 2026. The Finance Bill, 2026 continues to address a number of significant areas of Government policy, inclusive but not limited to, tax exemptions for approved pension fund plans and approved deferred annuity plans, pension…
The Government of the Republic of Trinidad and Tobago recently met with the Bankers Association of Trinidad and Tobago (BATT). The discussions focused on current market conditions, the state of the economy, and fostering continued collaboration between the Government, the Central Bank of Trinidad and Tobago (CBTT) and the banking sector. The meeting was convened…
The Ministry of Finance advises landlords and rent-collecting agents that the deadline for mandatory registration under the Landlord Business Surcharge has been extended to June 30th, 2026. The extension follows public engagement undertaken by the Minister of Finance, The Honourable Davendranath Tancoo, MP, and is intended to give citizens additional time to complete the registration…
Excerpt: “The Honourable Davendranath Tancoo, MP, Minister of Finance, has welcomed the successful conclusion of the 2026 Article IV Consultation by the Executive Board of the International Monetary Fund (IMF). Minister Tancoo noted that the assessment provides a crucial signal of renewed international confidence in Trinidad and Tobago’s economy, coming just over one year after…