In the first quarter of 2017 the People’s National Movement (PNM) government of Prime Minister Keith Rowley was close to having completed its first 18 months in office. The administration had come to power at a difficult time for the economy. Mainly as a result of the slump in international energy prices and a slowdown in production, Trinidad...
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...
In October 2016 the Central Bank of Trinidad and Tobago (CBTT) published a new strategic plan, covering the five years between FY 2017 and FY 2021. This was the second medium-term plan adopted by the CBTT. The first had initially covered the three years between FY 2012 and FY 2014, under the theme of enhancing financial stability, governance...
How can the country enhance export performance and assist companies in penetrating new markets?
The Central Bank of Trinidad and Tobago’s (CBTT) current approach to managing foreign exchange (forex), both in terms of how it sets the exchange rate, and how it manages the supply of US dollars in the financial system, has given rise to the development of a black market for foreign currency in T&T, and is affecting the performance of the...
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