Minister of Finance, Colm Imbert is set to make an "important announcement" at today's post-Cabinet news conference.
The confirmation comes from the Ministry of Public Administration and Communications.
The nature of the announcement was not disclosed.
Last week Prime Minister Dr Keith Rowley addressed the post-Cabinet media conference on the issue of CL Financial and government's attempts to ensure that the investment pumped to bail out the company is protected.
Cabinet met in a special session on Wednesday to discuss Petrotrin.