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Caribbean & Central America - August 2018 (ISSN 1741-4458)

TRINIDAD: A little breathing space, but not much

In its latest Article IV consultation, the International Monetary Fund (IMF) reports that the Trinidad & Tobago economy is “slowly recovering from a prolonged recession”, and positive growth of 1.0% is expected in 2018. But there is likely to be a slight slowdown in 2019 (0.9%) rather than any acceleration of the recovery. In 2017, the contraction was -2.6%.

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