Trinidad & Tobago

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Progress on fiscal consolidation and a recent rebound in commodity prices have led to a more optimistic medium-term outlook among CEOs in Trinidad and Tobago. In our previous OBG Business Barometer: Trinidad and Tobago CEO Survey, released in late 2017, 57% of C-suite executives had positive expectations for the coming 12 months, which improved to...

In June 2018 the IMF released a statement on Trinidad and Tobago, embracing the reforms undertaken by the twin-island sovereign state in recent months. After two years of economic recession, the supranational institution projected a return to growth in 2018. While such a recession is to be expected in a country that is very dependent on its...

 

Established nearly 40 years ago in 1981, the Trinidad and Tobago Stock Exchange (TTSE) grew in the 1980s and 1990s in part through the government advocating for local ownership of the country’s manufacturing firms, banks and conglomerates though pension and mutual funds. Over the past 37 years the TTSE has evolved alongside changing regulatory...

 

Despite concerted efforts by the government to tackle the issue, criminal activity remains a major topic of concern in Trinidad and Tobago. Incidents of violent crime have risen steadily over the past 20 years, with 101 murders in 1997, 395 in 2007 and 494 in 2017. Furthermore, in the first nine months of 2018 alone, 383 killings were reported...

 

Decades of growth in trade and foreign investment have seen global economies become more interconnected than ever before. This trend has been reinforced by the steady liberalisation of international trade and investment, at the bilateral, plurilateral and multilateral levels. National economic specialisations, and regional economic and...

 

Trinidad and Tobago possesses robust institutions, with a stable democratic system and strong regional and international ties. Nevertheless, the country has faced a series of corruption cases, and a number of initiatives have been launched to combat this issue. T&T faces further challenges related to unemployment, particularly among the...

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