Trinidad and Tobago: 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Trinidad and Tobago

August 4, 2003

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Trinidad and Tobago: 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Trinidad and Tobago, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

Trinidad and Tobago has enjoyed positive growth, low inflation, and a steady decline in unemployment, but challenges remain. Executive Directors commended the prudent management, and stressed the need for a macroeconomic framework underpinned by a three-year rolling budget and pension reform. They welcomed Trinidad and Tobago's role as a regional financial center, the soundness of the banking system, and structural reforms. They emphasized the need to tighten fiscal and monetary policies, and encouraged Trinidad and Tobago to participate in the general data dissemination system.

Subject: Economic sectors, Fiscal policy, Fiscal stance, Government debt management, Oil prices, Public debt, Public enterprises, Public financial management (PFM), Public sector

Keywords: Authority, Caribbean, CR, Debt, Deficit, Fiscal stance, Global, Government debt management, ISCR, Project real GDP growth, Public enterprises, Public sector, Retail price index, Sugar company, Trinidad and Tobago authority, Trinidad and Tobago economy

Publication Details

Pages:

54
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/232
Stock No:

1TTOEA0012003
ISBN:

9781451837582
ISSN:

1934-7685

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