Trinidad and Tobago: 2023 Article IV Consultation-Press Release; and Staff Report
May 5, 2023
Preview Citation
Format: Chicago
Trinidad and Tobago: 2023 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2023) accessed December 1, 2024
Summary
The economy is recovering supported by higher global energy prices and the rebound of the non-energy sector. Inflation has increased driven by imported energy and food prices, partial liberalization of fuel prices, and domestic weather-related shocks. The financial sector appears well-capitalized, liquid, and profitable. Higher global energy prices helped improve the external position, turn the FY2022 fiscal position into a surplus, and lower public debt.
Publication Details
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Pages:
103
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2023/157
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Stock No:
1TTOEA2023001
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ISBN:
9798400240836
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ISSN:
1934-7685