16-Jun-2023
Initially poised for recovery from the COVID-19 pandemic and the 2022 geopolitical shock, the global growth outlook dulled as financial risks surfaced.
Read More02-Jun-2023
Presented by Dr. Alvin Hilaire, Central Bank Governor, Mrs. Keisha Lashley, Assistant Manager, Information & Cybersecurity and Mrs. Michelle Francis-Pantor, Deputy Inspector, Financial Institutions at the Bank's public seminar on Cybersecurity in Financial Institutions: Best Practices held on June 06, 2023 at 10:00 a.m.
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31-May-2023
The Central Bank of Trinidad and Tobago participated virtually in the Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas meeting which was held in Toronto, Canada on May 25-26, 2023. Discussions focused on cross-border payments, financial institution resolution strategies, climate-related financial risks and the regulation of crypto assets. The Central Bank of Trinidad and Tobago is a member of the FSB RCG for the Americas and over the years, has benefitted from the exchange of information and ideas on many areas including micro and macro-prudential regulation, payments system oversight and climate change policy considerations. Click here to access the press release from the meeting.
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23-May-2023
Many countries have, within the last decade, actively pursued pension reform. Significant changes in many territories have become necessary to preserve retirement income systems, the sustainability of which is threatened by ageing populations, constantly fluctuating economic conditions and increasing labour informality.
Read More17-May-2023
Invest in Treasury Bills Today! Treasury Bills are government-guaranteed investment instruments that are available to individuals and institutions. You are invited to submit bids to the Central Bank of Trinidad and Tobago by 12:00 noon on the auction date for the upcoming issue.
Read More17-May-2023
On May 16, 2023, CARICOM Central Bank Governors met virtually to review the macro-financial challenges posed by COVID-19 pandemic as well as to discuss economic challenges impacting the region. The meeting was hosted by the Bank of Jamaica.
Read More15-May-2023
Domestic economic activity showed signs of recovery over the course of 2022 following two years of economic contraction. Data from the Central Statistical Office (CSO), suggest that real GDP grew by 3.0 percent over the first three quarters of 2022 compared to the previous year.
Read More15-May-2023
Strengthened energy prices boosted energy revenues, leading to an improved fiscal performance for the fiscal year ending September 2022.
Read More03-May-2023
The National Financial Literacy Programme (NFLP) of the Central Bank of Trinidad and Tobago celebrated Financial Literacy Month in April with a number of activities. Financial Services Ombudsman Dominic Stoddard noted that the month’s activities underscored NFLP’s ongoing commitment to helping citizens across Trinidad and Tobago on their journey to achieving financial wellness and resilience.
Read More19-Apr-2023
As part of the Central Bank's strategic focus in shoring up defenses against increasing global cyber threats, the Bank requested Technical Assistance from the IMF aimed at strengthening the cybersecurity posture of the Bank and of the financial institutions. The TA focused on Governance and Identity and Access Management; guidance in drafting a guideline applicable to financial institutions and a seminar on regulations. The findings and recommendations of the IMF reports can be accessed on the IMF website at https://www.imf.org/en/Publications/high-level-summary-technical-assistance-reports/Issues/2023/04/17/TRINIDAD-AND-TOBAGO-STRENGTHENING-CYBERSECURITY-IN-FINANCIAL-INSTITUTIONS-532437
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