Government of the Republic of Trinidad and Tobago

Tag: Media Release

Media Release: Ministry of Finance Statement on the Implementation of Property Tax

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…

Media Release: IMF Confirms that Trinidad and Tobago is Undergoing a Sustained Economic Recovery

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…

CAF donates USD 250,000 to assist in alleviating oil spill in Trinidad and Tobago

CAF -Development Bank of Latin America and the Caribbean- approved a donation of USD 250,000 for Trinidad and Tobago, which will assist in alleviating the effects of the oil spill that has affected the coast of Tobago, damaged its beaches, reefs, and threatened the local tourism industry. In a letter addressed to Keith Rowley, Prime Minister of…

Media Release: Transit Sheds for Clearing Cargo are Private Facilities, Not Government

The Minister of Finance, Hon. Colm Imbert, has taken note of an article in the Daily Express with the patently erroneous headline “Gun Theft at Customs”, which goes on to erroneously state that security systems at a transit shed “at Customs” were found to be non-functional and illegal items have disappeared from sheds “at Customs”.…

Media Release – Ministers Imbert and Beckles-Robinson meet with Saudi Arabian Officials

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…

Media Release: T&T’s Credit strength and stability reaffirmed by rating agency CariCRIS

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…