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Increased agro-processing is a potential solution to a key challenge currently facing Trinidad and Tobago: the long-term decline of its agricultural sector, which has led the country to spend increasingly scarce foreign exchange on rising food imports.

The slump in oil and gas prices that began in late-2014 has had a significant downward impact on Trinidad and Tobago’s export earnings, and has revived interest in the non-energy export sector as a potential area for diversification, which could allow the country to benefit from new foreign currency revenue. While there has been progress in...

Trinidad and Tobago’s manufacturing sector is the largest in the English-speaking Caribbean. In 2016 it was expected to represent 7.8% of total GDP, with total output worth an estimated TT$8.29bn ($1.2bn), according to the government’s estimates in the “Review of the Economy 2016”. This made it the third-largest sector of the economy after the...

It has been widely argued that achieving greater financial inclusion – the delivery of financial services at affordable costs to lower-income segments of any given population – is an effective way of reducing poverty and promoting economic growth and development. The UN has suggested that financial inclusion objectives should include providing...

Following another positive year in 2016, in which it maintained profitability and financial strength in the face of challenges related to a wider economic slowdown, Trinidad and Tobago’s banking sector is poised to play a key role in supporting new growth. Executives in the sector expect the economy to begin to rebound in late 2017 and into...

The relationship between the public and private sector in Trinidad and Tobago is both important and complex. At one level it is competitive and sometimes antagonistic, with each side seeking to widen its share of total economic activity and criticising the other, often on ideological grounds. On another level, however, it is deeply...