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USD 1.50B was withdrawn from the HSF in Q3 of FY2020 to fund the government's emergency pandemic response, authorised under s.15 of the Heritage and Stabilisation Fund Act, 2007.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 51–75 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 2016 | FY2016 Q4 | Investment Income | USD $53,000,000 | TTD $338,670,000 | s.16 HSF Act 2007 | HSF Annual Report 2016 |
| 30 Sep 2016 | FY2016 Q4 | Management Fee | USD $6,400,000 | TTD $40,896,000 | s.18 HSF Act 2007 | HSF Annual Report 2016 |
| 30 Jun 2016 | FY2016 Q3 | Investment Income | USD $39,000,000 | TTD $249,210,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2016 |
| 31 Mar 2016 | FY2016 Q2 | Investment Income | USD $44,000,000 | TTD $281,160,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2016 |
| 31 Dec 2015 | FY2016 Q1 | Investment Income | USD $62,000,000 | TTD $396,180,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2016 |
| 30 Sep 2015 | FY2015 Q4 | Investment Income | -USD $58,000,000 | -TTD $367,720,000 | s.16 HSF Act 2007 | HSF Annual Report 2015 |
| 30 Sep 2015 | FY2015 Q4 | Management Fee | USD $6,300,000 | TTD $39,942,000 | s.18 HSF Act 2007 | HSF Annual Report 2015 |
| 30 Jun 2015 | FY2015 Q3 | Investment Income | -USD $45,000,000 | -TTD $285,300,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2015 |
| 31 Mar 2015 | FY2015 Q2 | Investment Income | USD $35,000,000 | TTD $221,900,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2015 |
| 31 Dec 2014 | FY2015 Q1 | Investment Income | -USD $54,000,000 | -TTD $342,360,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2015 |
| 30 Sep 2014 | FY2014 Q4 | Investment Income | USD $82,000,000 | TTD $523,980,000 | s.16 HSF Act 2007 | HSF Annual Report 2014 |
| 30 Sep 2014 | FY2014 Q4 | Management Fee | USD $6,200,000 | TTD $39,618,000 | s.18 HSF Act 2007 | HSF Annual Report 2014 |
| 15 Aug 2014 | FY2014 Q4 | Petroleum Inflow | USD $28,000,000 | TTD $178,920,000 | s.13 HSF Act 2007 | HSF Annual Report 2014 |
| 15 Aug 2014 | FY2014 Q4 | Investment Income | USD $20,000,000 | TTD $127,800,000 | s.16 HSF Act 2007 | HSF Annual Report 2014 |
| 30 Jun 2014 | FY2014 Q3 | Investment Income | USD $78,000,000 | TTD $498,420,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2014 |
| 15 May 2014 | FY2014 Q3 | Petroleum Inflow | USD $34,000,000 | TTD $217,260,000 | s.13 HSF Act 2007 | HSF Annual Report 2014 |
| 31 Mar 2014 | FY2014 Q2 | Investment Income | USD $72,000,000 | TTD $460,080,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2014 |
| 15 Feb 2014 | FY2014 Q2 | Petroleum Inflow | USD $42,000,000 | TTD $268,380,000 | s.13 HSF Act 2007 | HSF Annual Report 2014 |
| 31 Dec 2013 | FY2014 Q1 | Investment Income | USD $68,000,000 | TTD $434,520,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q1 2014 |
| 30 Sep 2013 | FY2013 Q4 | Investment Income | USD $62,000,000 | TTD $398,660,000 | s.16 HSF Act 2007 | HSF Annual Report 2013 |
| 30 Sep 2013 | FY2013 Q4 | Management Fee | USD $5,900,000 | TTD $37,937,000 | s.18 HSF Act 2007 | HSF Annual Report 2013 |
| 15 Aug 2013 | FY2013 Q4 | Investment Income | USD $18,000,000 | TTD $115,740,000 | s.16 HSF Act 2007 | HSF Annual Report 2013 |
| 30 Jun 2013 | FY2013 Q3 | Investment Income | USD $47,000,000 | TTD $302,210,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q3 2013 |
| 15 May 2013 | FY2013 Q3 | Petroleum Inflow | USD $38,000,000 | TTD $244,340,000 | s.13 HSF Act 2007 | HSF Annual Report 2013 |
| 31 Mar 2013 | FY2013 Q2 | Investment Income | USD $58,000,000 | TTD $372,940,000 | s.16 HSF Act 2007 | HSF Quarterly Report Q2 2013 |