Jaime Perez-Seoane de Zunzunegui: ALL BLOG POSTS
Only a couple weeks ago the IMF released a statement on Trinidad & Tobago, embracing the reforms undertaken by the twin-island sovereign in recent months. After two years of economic recession the IMF projects a return to growth in 2018.
Progress on fiscal consolidation and a recent rebound in commodity prices have led to a more optimistic medium-term outlook. In our previous OBG Business Barometer: Trinidad & Tobago CEO Survey, released in late 2017, 57% of C-suite executives had positive expectations for the coming 12 months, which improved
to 69% in our latest results. Furthermore, over two-thirds say they are likely or very likely to make a significant capital investment in the coming year. This is perhaps due in part to the country’s favourable tax environment, which 64% of respondents describe as competitive or very competitive on a global scale.