With global energy prices recovering and a new natural gas project now on-line, some predict an end to T&T’s recession in 2018. In May 2018 the Ministry of Finance reported that as energy activity recovers and other sectors begin to grow, tax revenues will likely exceed expectations, and the fiscal deficit was revised down from 3.1% of GDP in 2018 to 2.5%, compared to 8% in 2017. However,...
Economy
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Chapter | Country Profile from The Report: Trinidad & Tobago 2018
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 young, along with law and order, though figures...
Optimism is returning to Trinidad and Tobago after years of recession. With the IMF forecasting GDP expansion of 1% in 2018 and 0.9% in 2019, the government now has the opportunity to shift their focus from tackling short-term economic problems to implementing long-term reforms and policy initiatives.
What is your overall assessment of Indonesia’s economic progress and performance in 2018?
Economic view | U Aung Naing Oo, Director-General, Directorate of Investment and Company Administration
10 Sep 2018
How do you foresee foreign direct investment (FDI) being affected in FY 2018/19 due to US-China tensions and the global trading environment?