Colm Imbert

No CEPEP cuts, circumstances permitting—Minister

Cir­cum­stances “per­mit­ting,” there will be no cuts in the CEPEP labour force or con­trac­tors, said Lo­cal Gov­ern­ment Min­is­ter Kaz­im Ho­sein yes­ter­day.

Ho­sein said if the need aris­es, it may be re­viewed, “but as of to­day there will be no cuts”. He stressed this dur­ing yes­ter­day’s Stand­ing Fi­nance Com­mit­tee scruti­ny of the 2020 Bud­get.

Congress of the People on 2020 Budget

 

The political leader of the Congress of the People says Monday’s budget failed to address urgent measures needed to transform the country's economy.

According to Carolyn Seepersad-Bachan, the fiscal measures announced only appear to achieve short term political gains, as opposed to sustainable development.

She said the government's macroeconomic position was out of sync with reality.

Kamla aims at Imbert

Op­po­si­tion Leader Kam­la Per­sad-Bisses­sar has ques­tioned whether or not Fi­nance Min­is­ter Colm Im­bert per­son­al­ly ben­e­fit­ted from tax ex­emp­tions on a 55-mil­lion-dol­lar hous­ing project re­sult­ing from a bill he passed.

At the Unit­ed Na­tion­al Con­gress Mon­day Night Fo­rum in St He­le­na, Per­sad-Bisses­sar said Min­is­ter Im­bert and his wife Suzanne Williams Im­bert be­came the di­rec­tors of a com­pa­ny called Bel­grave Prop­er­ties Lim­it­ed in 2012, which owned prop­er­ties at 61, 63 and 65 Pic­ton Street, Port-of-Spain.

Kamla to Imbert: Where is IMF team?

Op­po­si­tion Leader Kam­la Per­sad-Bisses­sar is call­ing on the Fi­nance Min­is­ter to say whether the In­ter­na­tion­al Mon­e­tary Fund (IMF) has been in­vit­ed to T&T for its an­nu­al Ar­ti­cle IV re­view.

Ad­dress­ing sup­port­ers at the UNC's Mon­day Night Fo­rum at the Ch­agua­nas South Sec­ondary School in Ch­agua­nas, Per­sad-Bisses­sar ques­tioned whether Fi­nance Min­is­ter Colm Im­bert was afraid of what an IMF re­view will re­veal.

Imbert gives tax amnesty in feel-good review

Put your tax­es in or­der via Gov­ern­ment’s up­com­ing three-month tax amnesty, be­cause fu­ture amnesties are un­like­ly.

This was Fi­nance Min­is­ter Colm Im­bert’s warn­ing in his mid-year re­view yes­ter­day as he an­nounced the amnesty on all forms of tax­a­tion.

The mea­sure was the on­ly one an­nounced in Im­bert’s “good news” re­view, where he paint­ed a glow­ing pic­ture of the econ­o­my, gave as­sur­ances on re­cent con­cerns about BPTT’s gas sup­plies for At­lantic LNG’s Train One - and hit crit­ics and com­men­ta­tors.

Imbert: We won't touch diesel subsidy

Government will not adjust the subsidy cushioning the price of diesel.

Addressing members of the Trinidad Union Club at a luncheon at the Kapok Hotel in Cascade this afternoon, Finance Minister, Colm Imbert, placated concerns that an adjustment in the price of diesel, which costs TT$3.41 per litre, would affect the price of goods.

Imbert said rolling back the fuel subsidy to raise the price of diesel would have a knock-on effect on the price of goods and services.

Imbert: No need for panic over CAL's fleet; condemns newspaper reports

Finance Minister Colm Imbert is today saying that there is no need for panic over Caribbean Airlines' fleet of aircraft.

In a statement issued Tuesday, the minister said that he notes with dismay that the Trinidad Express of Tuesday March 12th, 2019 "has once again resorted to hysteria, distortion of facts and illogical reasoning in its story headlined “CAL’s plan to lease 12 jets causing panic”.

Imbert: NCC funding done with tried and tested process

Finance Minister Colm Imbert is denying a media report that his ministry has been “arbitrarily” determining funding for Carnival whilst having no transparent processes for application and receipt of Carnival funding by entities.

In a statement issued Tuesday morning, the ministry said that all requests for funding to the ministry must be document-supported and submitted by clear deadlines.

Pages