Trinidad and Tobago: 2005 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Trinidad and Tobago

Publication Date:

February 1, 2006

Electronic Access:

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Summary:

This 2005 Article IV Consultation highlights that the macroeconomic performance and financial developments in Trinidad and Tobago are currently being driven by a highly favorable external environment. Surging oil prices have strengthened the external current account balance, financed an expansion of aggregate demand, and contributed to high levels of liquidity in the financial system. There are tentative signs that the economy is producing at, or near, capacity, and inflation pressures are emerging. Financial markets have generally been buoyant in reflection of the ample liquidity.

Series:

Country Report No. 2006/032

Subject:

English

Publication Date:

February 1, 2006

ISBN/ISSN:

9781451837650/1934-7685

Stock No:

1TTOEA2006002

Pages:

51

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