Trinidad and Tobago: Staff Report for the 2011 Article IV Consultation.

June 1, 2012

Summary

This 2011 Article IV Consultation highlights that the economy of Trinidad and Tobago is turning the corner, and growth is expected to resume in 2012 after an extended slowdown lasting three years. Real economic activity is expected to increase by 1.7 percent in 2012 as the nonenergy sector picks up momentum with the acceleration of government investment. Executive Directors have welcomed the signs of economic recovery following a prolonged slowdown, and commended the authorities for implementing supportive policies, aided by ample buffers, which had helped maintain stability.

Subject: Capital spending, Economic sectors, Energy prices, Expenditure, Inflation, Prices, Public debt, Public sector

Keywords: article IV of the IMF's article, Capital spending, Caribbean, central bank, core inflation, CR, debt, discussion, draft credit union bill, Energy prices, establishment, executive board discussion, Global, Inflation, ISCR, loan portfolio, private sector, Public sector, stabilization fund, staff appraisal, state enterprise investment plan, supportive fiscal policy

Pages:
57
Volume:
2012
DOI:
https://doi.org/10.5089/9781475504002.002
Issue:
127
Series:
Country Report No. 2012/127
Stock No:
1TTOEA2012001
ISBN:
9781475504002
ISSN:
1934-7685

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