Media Release: Misleading Forex Access Stories in the Trinidad Express
The Minister of Finance, Hon. Colm Imbert, MP, has noticed yet another series of misleading and inaccurate stories about access to foreign exchange being peddled by the Trinidad Express as if these stories were factual. This media campaign is clearly mischievous, and it is necessary to set the record straight. EXIMBANK’s PURPOSE A perusal of […]
Feature Address by the Honourable Brian Manning, Minister in the Ministry of Finance at the Trinidad and Tobago Securities Exchange Commission
Good morning, it is my great honour and privilege to extend a warm welcome to each and every one of you. It is indeed a pleasure to stand before you today to discuss the pivotal role of the securities industry in driving economic growth, fostering resilience, and shaping the future of Trinidad and Tobago. As […]
Media Release: The IMF Annual Report underlines the dynamism of Trinidad and Tobago’s Economic Recovery
The Honourable Colm Imbert, Minister of Finance, welcomes the International Monetary Fund’s (IMF) Annual Report on Trinidad and Tobago, published on June 05 2024, which provides an independent assessment of our economy. The IMF underlines that “Trinidad and Tobago is undergoing a gradual and sustained economic recovery.” The unemployment rate decreased to 3.2 percent in […]
Media Release: Civil App. No. P 351 of 2023 Terrisa Dhoray v. The Attorney General and the Trinidad and Tobago Revenue Authority
The Minister of Finance, Honourable Colm Imbert, MP, wishes to advise that today the Court of Appeal unanimously dismissed the appeal in Civil App. No. P 351 of 2023 Terrisa Dhoray v. The Attorney General and the Trinidad and Tobago Revenue Authority. As a consequence, the State has again succeeded in defending the constitutionally of […]
Feature Address by the acting Prime Minister Hon. Colm Imbert, MP at the Caribbean Poultry Association’s 7th International Technical Symposium & Exhibition- Sustainability & Resilience in the Caribbean Poultry Sector
I wish to extend a warm welcome to all our Regional and International guests, to our twin-island Republic of Trinidad and Tobago. This three-day Technical Symposium and Exhibition themed “Sustainability & Resilience of the Caribbean Poultry Sector” focuses on pressing issues of climate change, sustainability, and resilience within our industry. I’m told that the Caribbean […]
Statement by the Honourable Minister of Finance on the Annual Report of the Financial Intelligence Unit of Trinidad and Tobago for the year ended September 30, 2023
Madam Speaker, I have been authorized by Cabinet to make the following Statement. I therefore thank you for the opportunity to deliver this Statement on the Annual Report of the Financial Intelligence Unit of Trinidad and Tobago (FIUTT) for the year ended September 30, 2023. READ MORE
Media Release: The Minister Finance does not control Internal Banking Decisions or Operations
The Minister of Finance has noted a lot of uninformed and speculative commentary in the public domain regarding a recent decision of Republic Bank to reduce credit card limits from US$10,000 to US$5,000 and an unfounded belief that this move by the Bank was done on the Minister’s instructions. Read more
Media Release: Foreign Exchange Supply and Demand
The Minister of Finance has noted with interest an editorial in the Sunday Express regarding foreign exchange supply and demand. The editorial correctly points out that the sales of foreign exchange to the public for the first 7 months of 2023 are almost the same as the amount of forex available to the public in […]
Media Release: Successful, Heavily Oversubscribed, Bond Issue By The Republic Of Trinidad and Tobago of US$560 Million on the International Capital Market
On Monday September 11th, 2023, the Government of the Republic of Trinidad and Tobago, through the Ministry of Finance, successfully issued US$560 million Senior Unsecured long 7-year Notes at a coupon of 5.950% on the International Capital Market. The offer was oversubscribed by 3 times the amount required.
MEDIA RELEASE- Over 30,000 individual income tax refund cheques out for delivery
Based on representation and requests made by members of the general public, the Minister of Finance, Hon. Colm Imbert, M.P., recently authorised the Board of Inland Revenue to pay all individual income tax refunds of up to $20,000 or less. READ MORE