Regional News

T&T close to overdraft limit

Colm Imbert

(Trinidad Guardian) Gas prices increased yesterday, former property tax levels return from January 2016 and NIS contribution rates rise next July but the new People’s National Movement Government’s first Budget has kept various election promises, including VAT reduction, increased retirees’ benefits and certain personal tax exemptions.

Gas up VAT down in $63B budget

(Trinidad Express) – Finance Minister Colm Imbert spent two hours yesterday afternoon detailing how he said the previous administration mismanaged the economy and squandered the country’s money, before calling on citizens to help reverse the decline.

Clico has over TT$22bn in fund

(Trinidad Guardian) An actuarial certificate signed by Paul Ngai of Prescience Insurance Consultants and Actuaries, dated April 20, says he was advised by the management of Clico that the assets pledged to the Statutory Fund total more than TT$22 billion.

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