Despite challenges, including depressed international energy prices, as well as rising debt and fiscal imbalances, the recession in Trinidad and Tobago is likely to bottom out in 2017. The IMF forecasts the economy will grow by 0.3% in 2017 and 3.4% in 2018. The recovery is expected to come via a small rise in energy prices, the inauguration of the Juniper gas field in 2017 and an expected...
The Americas Economy
Displaying 43 - 48 of 130
Chapter | Table of Contents from The Report: Trinidad & Tobago 2017
There are no articles in this chapter. To view the table of contents, please open click the "View in online reader" link above.
This chapter contains information on hotels, government agencies and other listings, as well as useful tips for visitors on a range of topics such as visa requirements, currency and transportation, among others.
It also contains an interview with Soca musician Machel Montano.
Chapter | Tobago Economy from The Report: Trinidad & Tobago 2017
Click here to download a PDF copy of the chapter
The new administration of Tobago takes office at a time of both opportunity and challenge. Tobago is one of the most beautiful, unspoiled islands in the Caribbean, which is a highly attractive proposition in today’s competitive tourism environment. Tobago is ready for...
Chapter | Country Profile from The Report: Trinidad & Tobago 2017
Despite a challenging environment, Trinidad and Tobago will be looking forward to a number of positive developments in 2017. These include the passage of key procurement legislation, a new revenue authority, improvements to education and health care delivery systems and strengthened ties with key partners, all of which will contribute to lifting the country’s political and economic profile....
After facing headwinds such as depressed international energy prices, and rising debt and fiscal imbalances, Trinidad and Tobago’s economic recession appears to be turning a corner, with GDP growth projected to climb to 0.3% in 2017 and 3.4% in 2018. As one of the largest and most diversified economies in the English-speaking Caribbean, the country is beginning to benefit from the new administration’s process of fiscal adjustment and economic diversification, spurred on by an ambitious public works pipeline.