Trinidad and Tobago: 2010 Article IV Consultation-Staff Report, Supplement, Staff Statement, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for Trinidad and Tobago

March 30, 2011

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Format: Chicago

Trinidad and Tobago: 2010 Article IV Consultation-Staff Report, Supplement, Staff Statement, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for Trinidad and Tobago, (USA: International Monetary Fund, 2011) accessed December 22, 2024

Summary

The economic slowdown as a result of the global crisis has been severe, and the recovery has not yet taken hold. Despite ample buffers, including large fiscal space and strong international reserves, the policy response to the crisis has been constrained. Inflation has resurfaced as a concern after falling to a historical low in 2009, but the data are misleading. The monetary policy stance has been generally supportive but ineffective in the context of large excess liquidity. Medium-term growth prospects depend on the energy sector outlook.

Subject: Capital spending, Commercial banks, Economic sectors, Financial institutions, Inflation, Natural gas sector, Prices, Public debt, Public sector

Keywords: Caribbean, Commercial banks, CR, Data from October, Debt, Fiscal year data, Global, Inflation, Inflation data, Interest saving, ISCR, Natural gas sector, Outturn, Policy rate announcement, Public sector

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/073
Stock No:

1TTOEA2011001
ISBN:

9781455228126
ISSN:

1934-7685

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