Trinidad and Tobago has continued along the path of fiscal consolidation with the release of the country’s budget for 2020, delivered against a backdrop of subdued energy prices and calls for increased diversification.
Trinidad & Tobago
Displaying 13 - 18 of 67
Economic update | How Trinidad and Tobago’s approach to the Venezuelan crisis could benefit the economy
8 Aug 2019
As the political, economic and migration crisis rolls on in Venezuela, and a significant number of migrants continue to make their way to Trinidad and Tobago, the government and business figures are evaluating their potential impact.
An increase in gas production and new economic data has prompted major international institutions to update their economic projections for Trinidad and Tobago, with the country’s outlook for 2019 more positive than previously expected.
After two years of contraction, the Trinidad & Tobago economy is expected to have returned to growth in 2018, fuelled by increased energy sector returns and a recovery in strategic non-hydrocarbons sectors, including manufacturing and insurance.
Economic update | Trinidad and Tobago emerges from recession with increased energy earnings and improved efficiency
1 Nov 2018
Stronger energy revenues, improved tax collection and a solid performance in the non-oil sector should combine to deliver Trinidad and Tobago’s first annual GDP growth since 2015, according to estimates in this fiscal year’s budget.
Economic view | Gillian Paul, President, College of Science, Technology and Applied Arts of Trinidad and Tobago (COSTAATT)
18 Sep 2018
How have last year’s changes to the Government Assistance for Tuition Expenses (GATE) funding scheme impacted the sector?