Media Release: Consultations with the Amalgamated Workers Union (AWU) and the Communications Workers Union (CWU) 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, May 18th, 2022, met with representatives of the AWU and CWU to continue discussions on the proposed increase in the compulsory age of retirement from 60 to 65 years.
AG. PRIME MINISTER MEETS WITH UNDP’S RESIDENT REPRESENTATIVE, T&T
Media Release: Consultations with the Banking Insurance and General Workers Union (BIGWU) 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 continued consultations today, May 11th, 2022, on the proposed increase in the compulsory age of retirement from 60 to 65 years with the Banking Insurance and General Workers Union (BIGWU).
Media Release: Inaccurate Claims being made by the MP for Naparima on Deposits to the Heritage and Stabilisation Fund
The Minister of Finance, Hon Colm Imbert, MP, has taken note of inaccurate and misleading statements made in a press release issued by the Opposition MP for Naparima about deposits to the Heritage and Stabilisation Fund (HSF). For the record, the aggregate of supplemental petroleum tax, petroleum profits tax and royalties for the period October […]
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: 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 has commenced 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) years.
Media Release : The IMF Praises Trinidad and Tobago’s Policy Response to Covid-19 and Encourages T&T to Shift its Policy Attention Only When Recovery is in Place
The IMF noted that Trinidad and Tobago faced “unprecedented challenges in 2020-21. The combined effects of COVID-19, energy production cuts, and price shocks pushed the economy further into recession”. In the face of such challenges, the IMF concluded that “The authorities’ decisive policy response helped contain COVID-19’s spread, protectlives and livelihoods, and paved the way […]
Media Release: Moody’s Decision on Trinidad and Tobago’s Ratings Clashes with IMF recommendation on Debt Management under COVID
Today (November 19th), Moody’s announces that they brought the rating down by one notch, with a stable outlook. The Honourable Colm Imbert, MP. Minister of Finance, has noted that “This decision by Moody’s collides with the policy advice we have received from all international organisations to protect our country and support the recovery in the […]
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: Inaccurate Figures in the Express Newspaper Regarding the Cost of Contract Employment in the TTPS
The Minister of Finance, Honourable Colm Imbert, MP, has noted two successive articles in the Express Newspaper (Sunday October 24, 2021 and Tuesday October 26, 2021) which quote inaccurate figures for the expenditure on contract employment in the Police Service.