LATEST NEWS

30-Jun-2024

Your Quick Guide to Online Safety

The Central Bank of Trinidad and Tobago urges all citizens to be vigilant against cybercrimes such as phishing, identity theft, internet fraud and banking fraud. Learn how to protect yourself and your loved ones.

28-Jun-2024

Monetary Policy Announcement - June 2024

Global economic conditions remain relatively stable. According to the International Monetary Fund, world growth for 2024 is forecast at 3.2 percent, unchanged from the 2023 estimate. Most central banks have either held their policy rates stable or lowered their rates as inflation pressures have eased.

18-Jun-2024

Governor Hilaire discusses challenges arising from extensive commercial bank financing of governments

On June 18, 2024 at a Panel Discussion at a meeting of the Regional Consultative Group for the Americas hosted by the British Virgin Islands Financial Services Commission, Dr. Hilaire discussed the challenges that regulators face in managing the ‘sovereign-bank nexus’ (the financial relationship between banks and governments).

18-Jun-2024

Visual Summary - 2023 Annual Economic Survey

Global economic growth is anticipated to remain steady in 2024. Several forces shaping the outlook include: subdued activity in a number of advanced economies, mounting geopolitical conflicts, and tight Financial conditions.

18-Jun-2024

2023 Annual Economic Survey

Global economic growth remained resilient during 2023 amid geopolitical conflicts, monetary policy tightening and elevated inflation rates. However, economic outcomes diverged across countries, with the Euro area and the United Kingdom (UK) losing momentum while growth proved more resilient than anticipated in the United States (US).

04-Jun-2024

Schools Outreach Week 2024 (Video Recap)

Under the Bank's public education and outreach agenda and as part of our year-long 60th Anniversary celebrations, the Bank hosts a special Schools Outreach Week from June 3 - 7, 2024.

The Bank will reach over 1,500 Primary and Secondary students from 24 schools across Trinidad via this special initiative. Students have the opportunity to participate in activities to promote: Financial Literacy, Currency Education, and test their Knowledge of the Roles and Functions of the Central Bank. 

Click here for the video recap of Day 1 on June 3, 2024 courtesy TTT Limited.

03-Jun-2024

62nd Meeting of CARICOM Central Bank Governors

On May 30-31, 2024, CARICOM Central Bank Governors met virtually and discussed pressing economic and financial issues facing Caribbean economies, including growth prospects as a result of the easing of global inflation and food prices.  The meeting was hosted by the Bank of Barbados. Click here for the Press Release.

27-May-2024

“60 Years, 60 Trees” Tree Planting Ceremony (Video Recap)

As part of our year-long 60th Anniversary celebrations, Central Bank staff, retirees, and their families came together for “60 Years, 60 Trees”, a special Tree Planting Ceremony at the Lady Chancellor Hill on Saturday, May 25, 2024. In total, 60 poui trees were planted along various segments of the hill to mark the Bank’s 60 years of existence since its establishment on December 12, 1964. We proudly reaffirm our commitment to environmental sustainability and community engagement through supporting the ongoing reforestation efforts in our Port of Spain community. Click here for video recap.

10-May-2024

Annual Report 2023

Global growth during the financial year 2022/23 was tepid. Despite declining commodity prices, inflation, though moderating, remained above many central banks’ targets. Higher policy rates as a result of stubborn inflation led to tighter financial conditions, exposing financial sector vulnerabilities with noted bank failures in Europe and the United States. International capital markets also exhibited volatility.

10-May-2024

Visual Summary - Annual Report 2023

This Visual Summary presents highlights of the Annual Report for 2023.