LATEST NEWS

08-Nov-2023

Governor Hilaire Explains Caribbean Monetary Policy Challenges

On November 8, 2023 at a Panel Discussion: Conversations with Central Bank Governors hosted by the InterAmerican Development Bank at its headquarters in Washington, DC, USA. 

03-Nov-2023

CARICOM Central Bank Governors Discuss Actions to Further Promote Regional Development

On November 2-3, 2023, CARICOM Central Bank Governors met in Kingston, Jamaica and discussed several initiatives to further promote regional development, including with respect to financial stability, efficient payments arrangements, monetary operations and cybersecurity. Click here for the Press Release. 

31-Oct-2023

Kinetic Artist Guy Beckles Presents Symphonic Synchrony at the Central Bank Museum

The Central Bank Museum brings to the public an exhibition of kinetic art entitled “Symphonic Synchrony – Two Heads Are Better Than One” by one of the foremost practitioners of the genre, Guy Kingsley Edward Beckles. The exhibition will feature the work of 24 prominent local artists Beckles collaborated with to create, as he puts it, “Art that moves and Art that moves you”. The public will have an opportunity to experience and engage with this mystifying genre of art from November 6 – 30, 2023.

16-Oct-2023

Trinidad and Tobago calls on IMF to reinforce support for Suriname and Haiti

On October 12, 2023, on the occasion of the Annual Meetings of the International Monetary Fund (IMF) and World Bank, Dr. Alvin Hilaire, Head of the Trinidad and Tobago delegation, called on IMF Constituency members to:-

- maintain continued support for Suriname in its IMF program arrangement; 
- promote a steady, unbroken engagement of the IMF with Haiti given the country’s difficult circumstances; 
- advocate for a well-funded Caribbean Technical Assistance Centre (CARTAC); 
- support a review of the IMF’s quota system that at minimum does not dilute the quota shares of small developing states; and 
- promote expansion of the Resilience and Sustainability Trust (RST) in a way that better addresses the needs of Caribbean countries.

12-Oct-2023

G-24 Encourages IMF to Reduce Barriers to Access to its Financing

On October 10, 2024 the Intergovernmental Group of 24 on International Monetary Affairs and Development (G-24) issued a communique calling on the International Monetary Fund to reduce barriers to access to its financing; welcoming the World Bank’s renewed emphasis on understanding and addressing the unique development challenges and national priorities of all its clients; and underscoring the urgency of addressing sovereign debt challenges for the poorest and most vulnerable countries. 

10-Oct-2023

Foreign Exchange Authorized Dealers in Trinidad and Tobago

List of Foreign Exchange Dealers in Trinidad and Tobago as at August 31, 2023

07-Oct-2023

Visual Summary - Annual Report 2022

The Visual Summary presents highlights of the key points of the 2022 Annual Report.

07-Oct-2023

Annual Report 2022

The financial year 2021/22 saw a steady revival of the Trinidad and Tobago economy as business activity continued to reopen following pandemic-induced lockdowns. At the same time, the global economic situation was complicated by the combination of geopolitical tensions, high inflation that led to widespread monetary tightening, and volatility in financial markets.

02-Oct-2023

Central Bank Authorizes MyCash to Issue Electronic Money in Trinidad and Tobago

On October 2, 2023, the Central Bank of Trinidad and Tobago issued a provisional registration to MyCash (Trinidad and Tobago) Limited (MyCash) making it the fourth company authorized to issue electronic money domestically. 

29-Sep-2023

Monetary Policy Announcement - September 2023

Despite some signs of resilience earlier in the year, continued though slowing inflationary pressures, still relatively high interest rates and the impact of geopolitical tensions pose immediate constraints to global economic activity.