Government of the Republic of Trinidad and Tobago

Tag: Media Release

Media Release: Consultations on the proposed increase in the compulsory age of retirement from 60 to 65 years

The Honourable Brian Manning M.P., Minister in the Ministry of Finance today, April 12th, 2022, met with the Public Services Association (PSA) as the Ministry continues its discussions with members of the Trade Union Movement of Trinidad and Tobago on the proposed increase in the compulsory age of retirement from sixty (60) to sixty-five (65)…

Media Release – Statement by the Honourable Colm Imbert, MP, Minister of Finance on the Adjustment to Fuel Prices in the House of Representatives on Friday 8th April, 2022

Madame Speaker, I am authorised by the Cabinet to make this statement on fuel prices. At the time that the 2022 Budget Estimates were finalized in September 2021, the price of oil was just over US$70 per barrel. This price subsequently dropped to $65 per barrel at the end of November 2021.

The Honourable Colm Imbert, Minister of Finance Replies to Questions posed at the 21st Sitting of the Senate held today, March 22nd, 2022

Question No. 107 to the Minister of FinanceRegarding the 2021 NIB Report, where a 10.4% increase in NIS contributors, a 3.74% decrease in contribution income and a steady increase in beneficiaries lead to the NIB’s need to withdraw over $1Bn from its investments to pay benefits to citizens in 2021, can the Minister provide a…

Media Release: Appointment of Members to the first Gambling (Gaming and Betting) Control Commission

On Monday March 14, 2022, the Honourable Colm Imbert, Minister of Finance, presented instruments of appointment to the first Board of the Gambling (Gaming and Betting) Control Commission (the Commission).The Commission forms part of the regulatory framework which the Government has put in place to address the social concerns arising out of the proliferation of…

Media Release – Inaccurate Statements attributed to Mark Edgehill before Joint Select Committee of Social Services and Public Administration, on SRGs, as reported in Newsday, December 9th, 2021

The Minister of Finance, the Honorable Colm Imbert, MP, wishes to address statements reported in Thursday’s edition of the Newsday that were reportedly made by Mark Edgehill, President of the Coalition of Service Industries, before the Joint Select Committee (JSC) on Social Services and Public Administration on Wednesday 8th December, 2021.

MEDIA RELEASE: SUPPLEMENTARY LIST OF VAT-FREE (ZERO-RATED) ITEMS EFFECTIVE NOV 1ST, 2021

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that the supplementary list of Basic Food Items that will be VAT-Free (Zero-Rated) from Monday, November 1st, 2021, has been published as The Value Added Tax (Amendment to Schedule 2)(No. 2) Order, 2021; Legal Notice No. 259, dated October 29th, 2021 (attached). The Order…

Media Release: Final Extension of the Tax Amnesty to October 15th, 2021

The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that to give taxpayers a final opportunity to get their financial records in order and to file their tax returns, the 2021 Tax Amnesty has been extended to Friday, October 15th, 2021. It should be noted that there will be no further extension of…