Sovereign Wealth Fund
Trinidad and Tobago's sovereign wealth fund — petroleum revenue inflows, withdrawals, and balance history under the Heritage and Stabilisation Fund Act, 2007.
Current Balance
USD $6.07B
TTD $41.2B
Total Inflows
USD $7.58B
Petroleum + Investment Income
Total Withdrawals
USD $2.28B
Lifetime drawdowns
Last Quarter on Record
FY2024 Q4
30 Sep 2024
End-of-quarter balances, USD. Source: HSF Quarterly Reports.
COVID-19 emergency drawdown — May 2020
USD 1.50B was withdrawn from the HSF in Q3 of FY2020 to fund the government's emergency pandemic response, authorised under s.15 of the Heritage and Stabilisation Fund Act, 2007. A further USD 780M was drawn down in FY2021.
Aggregated by fiscal year (Oct–Sep). USD.
Lifetime composition by USD value (absolute).
Every recorded HSF inflow, investment return, withdrawal, and management fee.
Showing 26–50 of transactions
Methodology & sources
Data sourced from HSF Quarterly Reports published by the Ministry of Finance under s.37 of the Heritage and Stabilisation Fund Act, 2007. All figures are in USD unless stated. TTD conversions use the exchange rate reported in the source document. OpenBudget TT is not affiliated with the Ministry of Finance.
| Date | FY / Q | Type | Amount USD | Amount TTD | Statutory authority | Source |
|---|---|---|---|---|---|---|
| 30 Sep 2020 | FY2020 Q4 | Investment Income | USD $93,000,000 | TTD $631,470,000 | s.16 HSF Act 2007 | HSF Annual Report 2020 |
| 30 Sep 2020 | FY2020 Q4 | Management Fee | USD $6,800,000 | TTD $46,172,000 | s.18 HSF Act 2007 | HSF Annual Report 2020 |
| 15 Aug 2020 | FY2020 Q4 | Investment Income | USD $28,000,000 | TTD $190,120,000 | s.16 HSF Act 2007 | HSF Annual Report 2020 |
| 30 Jun 2020 | FY2020 Q3 | Investment Income | USD $280,000,000 | TTD $1,901,200,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2020 |
| 15 May 2020 | FY2020 Q3 | COVID Withdrawal | -USD $1,500,000,000 | -TTD $10,185,000,000 | s.15 HSF Act 2007 | HSF Quarterly Report Q3 2020 |
| 31 Mar 2020 | FY2020 Q2 | Investment Income | -USD $185,000,000 | -TTD $1,256,150,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2020 |
| 31 Dec 2019 | FY2020 Q1 | Investment Income | USD $110,000,000 | TTD $746,900,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2020 |
| 30 Sep 2019 | FY2019 Q4 | Management Fee | USD $6,700,000 | TTD $45,426,000 | s.18 HSF Act 2007 | HSF Annual Report 2019 |
| 30 Sep 2019 | FY2019 Q4 | Investment Income | USD $32,000,000 | TTD $216,960,000 | s.16 HSF Act 2007 | HSF Annual Report 2019 |
| 15 Aug 2019 | FY2019 Q4 | Investment Income | USD $26,000,000 | TTD $176,280,000 | s.16 HSF Act 2007 | HSF Annual Report 2019 |
| 30 Jun 2019 | FY2019 Q3 | Investment Income | USD $148,000,000 | TTD $1,003,440,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2019 |
| 31 Mar 2019 | FY2019 Q2 | Investment Income | USD $132,000,000 | TTD $894,960,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2019 |
| 31 Dec 2018 | FY2019 Q1 | Investment Income | -USD $10,000,000 | -TTD $67,800,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2019 |
| 30 Sep 2018 | FY2018 Q4 | Investment Income | -USD $2,000,000 | -TTD $13,500,000 | s.16 HSF Act 2007 | HSF Annual Report 2018 |
| 30 Sep 2018 | FY2018 Q4 | Management Fee | USD $6,600,000 | TTD $44,550,000 | s.18 HSF Act 2007 | HSF Annual Report 2018 |
| 15 Aug 2018 | FY2018 Q4 | Investment Income | USD $22,000,000 | TTD $148,500,000 | s.16 HSF Act 2007 | HSF Annual Report 2018 |
| 30 Jun 2018 | FY2018 Q3 | Investment Income | USD $31,000,000 | TTD $209,250,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2018 |
| 31 Mar 2018 | FY2018 Q2 | Investment Income | USD $56,000,000 | TTD $378,000,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2018 |
| 31 Dec 2017 | FY2018 Q1 | Investment Income | USD $95,000,000 | TTD $641,250,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2018 |
| 30 Sep 2017 | FY2017 Q4 | Investment Income | -USD $105,000,000 | -TTD $707,700,000 | s.16 HSF Act 2007 | HSF Annual Report 2017 |
| 30 Sep 2017 | FY2017 Q4 | Management Fee | USD $6,500,000 | TTD $43,810,000 | s.18 HSF Act 2007 | HSF Annual Report 2017 |
| 15 Aug 2017 | FY2017 Q4 | Investment Income | USD $24,000,000 | TTD $161,760,000 | s.16 HSF Act 2007 | HSF Annual Report 2017 |
| 30 Jun 2017 | FY2017 Q3 | Investment Income | USD $53,000,000 | TTD $357,220,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2017 |
| 31 Mar 2017 | FY2017 Q2 | Investment Income | USD $68,000,000 | TTD $458,320,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2017 |
| 31 Dec 2016 | FY2017 Q1 | Investment Income | USD $46,000,000 | TTD $310,040,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2017 |