Caribbean & Central America - August 2017 (ISSN 1741-4458)

*** CONTINUING CHALLENGES FOR TRINIDAD & TOBAGO. In its latest Survey, the United Nations (UN) Economic Commission for Latin America and the Caribbean (Eclac) has projected growth of 0.3% for Trinidad & Tobago in 2017. The International Monetary Fund (IMF), which has just completed an Article IV consultation with Trinidad, is also reporting a slight improvement. It says: “Although preliminary data shows that the economy contracted in the first half of the year on weak energy production and spillovers to the non-energy sector, the economy may be starting to turn a corner as a result of a projected recovery in gas output, though growth may still be flat or somewhat negative for the year as a whole.”

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