August 10, 2022

$897.6 Million In NIF Payouts

By Newsroom

In the four years since it was launched in 2018, the National Investment Fund paid out $897.6 million in dividends to stakeholders.

The figure was provided by Prime Minister Dr. Keith Rowley.

“When the National Investment Fund was launched in 2018, the Opposition attempted to undermine it by labelling it a ponzi scheme,” Rowley said, adding that in the four years since its successful launch, the Opposition been proven wrong,” the PM said in a post to his personal Facebook page.

“Thank you GORTT! (Government of the Republic of T&T) And thank you, NIF! Performance beats ole talk every time!,” the post added.

Dr. Rowley says the investment portfolio on which NIF is based has grown from $7.9 billion to $10.02 billion- a nearly 27% increase.

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