3 December 2021
The global economy entered into recovery mode in the first half of 2021, but the recovery has been uneven across economies.
3 December 2021
Based on Central Bank indicators, domestic economic activity continued to contract in the second quarter of 2021 due to lower energy and non-energy sector performances. However, the gradual reopening of the economy during the third quarter should be growth-supportive.
3 December 2021
26 November 2021
This paper investigates whether an exchange rate depreciation would improve the trade balance for Trinidad and Tobago, within the theoretical underpinnings of the Marshall-Lerner (ML) condition and the J-curve Hypothesis, using data from 1991 to 2020. The ML condition posits that improvement in a country’s trade balance depends on the combined responsiveness of demand for imports and exports, in response to a currency depreciation.
25 November 2021
The public is reminded that from January 1, 2022 only the new polymer banknotes will be legal tender in Trinidad and Tobago.
5 November 2021
CARICOM Central Bank Governors discuss regional imperatives to maintain financial stability and support post-pandemic recoveries.
1 November 2021
Today Governor Dr. Hilaire participated in the forum discussion on the topic Moving on From Pandemic Response to Resilient Recovery, alongside Dr. Timothy Antoine, Governor - Eastern Caribbean Central Bank, Dr. Gobind Ganga, Governor - Bank of Guyana and Mr. Richard Doornbosch, President - Central Bank of Curacao and St Maarten, moderated by Mr. Deodat Maharaj, Executive Director, Caribbean Export Development Agency
26 October 2021
View the event which premiered on Facebook and YouTube on Wednesday October 27, 2021 in commemoration of Calypso History Month. Click here to view.
25 October 2021
The Central Bank of Trinidad and Tobago (“the Central Bank”) advises that pursuant to Section 119(2) of the Insurance Act, 2018, the Minister of Finance, after consultation with the Central Bank, has appointed the Trinidad and Tobago Insurance Institute (TTII) as an Approved Educational Institution with effect from January 1, 2021.
18 October 2021
On October 18, 2021 a high level Caribbean delegation met with Ms. Kristina Georgieva, Managing Director, and other officials of the International Monetary Fund on the occasion of the IMF/ World Bank Annual Meetings.
On behalf of the Trinidad and Tobago team, Central Bank Governor Dr. Alvin Hilaire made the following intervention on the subject of Safely Unwinding Fiscal and Monetary COVID-19 Measures, while Protecting the Vulnerable.