US$345 million ($2.35 billion) has been deposited into the Heritage and Stabilisation Fund (HSF) for 2022.
This was revealed by Finance Minister Colm Imbert.
In a Twitter post on Thursday, Imbert said that the Government deposited US$182 million ($1.2 billion) in the HSF last Friday, preserving wealth for future generations in Trinidad and Tobago.
Imbert said the money came from higher than-estimated revenues from petroleum.
During his budget presentation in September, he said as a result of higher-than-expected oil and gas prices, the Government deposited US$163 million ($1.1 billion).
At the end of June 2022, which is the last quarterly report of the HSF on the website of the Ministry of Finance the total value of the Fund was US$4.77 billion.
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