AZP News

Tags : Colm Imbert

No Carnival 2021, but Patriotic is Ole Mas – Moonilal

  By Prior Beharry WHILE there was no Carnival for 2021, Patriotic Energies and Technologies Limited was ole mas. This was the comment from Oropouche East MP Dr Roodal Moonilal in the Lower House on Friday during a non-confidence motion against the Minister of Energy and Energy Industries Franklin Khan. Patriotic, a subsidiary of the […]Read More

Imbert: After Meeting, Still No Refinery for Patriotic

  MINISTER of Finance Colm Imbert confirms a meeting with Patriotic Energies and Technologies Company Limited on Thursday. But he noted that he the Cabinet decision of February 18, when for a third time Patriotic’s bid for the refinery was rejected, stands. In a release on Friday, Imbert said he met with Patriotic  “to clarify […]Read More

Imbert: Patriotic wanted Pointe-a-Pierre Refinery for Free

  UNDER its last proposal, Patriotic Energies and Technologies Company Limited wanted the Pointe-a-Pierre refinery and Paria Fuel Trading Company for free, without money, collateral or security and could mortgage both assets as it saw fit. This according to Finance Minister Colm Imbert who issued a release on Saturday following a press conference by the […]Read More

OWTU: Is Government in Talks With Other Business for Petrotrin?

THE Oilfields Workers’ Trade Union (OWTU) is asking if the Government is engaged in talks with another entity while its subsidiary Patriotic Energies and Technologies Company Limited will was trying to purchase the Pointe-a-Pierre refinery. So claimed OWTU president-general Ancel Roget at a news conference at the union’s headquarters in San Fernando on Friday. He […]Read More

T&T Made $2B Less than Expected in Q1 2021

  TRINIDAD and Tobago has made 13% less than what it estimated in the first quarter of the fiscal year 2021. This was revealed by Finance Minister Colm Imbert at a virtual press conference on Wednesday. He said the economy made $2 billion less than what it was estimated to make by the end of […]Read More

Dr Alvin Hilaire Remains Central Bank Governor

  CENTRAL Bank Governor Dr Alvin Hilaire, 63, will remain in his post for another three years. This was announced by Finance Minister Colm Imbert on Friday. Imbert at a press conference lambasted Opposition Senator Wade Mark for what he said were “continuous lies” being spread concerning the bank’s main position. He also criticised the […]Read More

2020/2021 Budget Highlights

  By Sue-Ann Wayow THE 2020/2021 Budget is based on an oil price of US$45 a barrel and a gas price of US$3 per mmbtu. Finance Minister Colm Imbert delivered the fiscal package in the Lower House on Monday and forecasted total revenue at $41.3 billion with total expenditure of $49.6 billion. Therefore an $8.2 […]Read More

Up-To-Date Taxes not a Must to Get VAT Bonds

  BUSINESSES do not have to have up-to-date tax payments to receive Value Added Tax (VAT) bonds from the Government. This was the announcement made by Minister of Finance Colm Imbert at a virtual news conference on Tuesday. He made reference to an article in the Guardian in which a businessman claimed that the payment […]Read More

Govt to pay $6B in VAT Refunds

  THE Government of Trinidad and Tobago owes businesses more than $6 billion in Value Added Tax (VAT) refunds. This was revealed by Minister of Finance Colm Imbert who said that there were 10,160 registered companies in TT and the VAT refunds owed amounts to $6,225,617, 665. He said the Government will make these payments […]Read More

Ex-UNC Senator makes Bid to Stop Sale of Pointe-Pierre Refinery

  A former United National Congress senator is trying to stop the sale of the Petrotrin refinery in Pointe-a-Pierre through a constitutional motion filed in the High Court. Wayne Sturge, an attorney, filed that matter against the failure of the Minister of Finance Colm Imbert, as the chairman of the Joint Select Committee (JSC) on […]Read More