After the costly drought and political uncertainty of 2017, the Kenyan economy appears to have stabilised on an...
Economy
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Chapter | Country Profile from The Report: Kenya 2018
As a market-based economy with a supportive domestic policy environment, Kenya has been dubbed the commercial “gateway” to East Africa. With Mombasa acting as a trade platform with one of the busiest ports in the region, and the capital Nairobi the country’s political and financial centre, the country has quickly recovered in the aftermath of the 2007 financial crisis and has been able to...
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While Kenya is no stranger to political strides experienced across the region, the country has managed to avoid long periods of crisis – whether political, economic or social – and has been able to overcome its challenges in relatively short periods of time.
Chapter | Regional Relations from The Report: Trinidad & Tobago 2018
Trinidad and Tobago has played a crucial role in the integration of the Caribbean, particularly among the Anglophone countries of the region, for decades now. A promoter of the Treaty of Chaguaramas in 1973, the first step towards deeper regional integration after the mixed fortunes of the establishment of the short-lived West Indies Federation between 1958 and 1962, T&T subsequently...
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,...