Latin American Economy & Business - February 2017 (ISSN 1741-7430)

Trinidad & Tobago: Slightly brighter prospects ahead for 2017

From being the Caribbean’s star performer for much of the commodity boom years, with GDP growth on occasion hitting double-digits, Trinidad & Tobago has struggled in recent years from the energy price slump. Yet after a dismal 2016, the authorities are showing some indications that they expect a partial recovery in 2017. In late January, the central bank stated that it was keeping benchmark interest rates on hold, but that domestic economic output was expected to increase, on the back of rising gas production.

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