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

International Monetary Fund

No 2012/127, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; central bank; debt; private sector; establishment; discussion; executive board discussion; core inflation; draft credit union bill; loan portfolio; stabilization fund; Energy prices; Inflation; Capital spending; Global; Caribbean; state enterprise investment plan; article IV of the IMF's article; supportive fiscal policy; staff appraisal; Public sector (search for similar items in EconPapers)
Pages: 57
Date: 2012-06-01
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