Trinidad and Tobago: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Trinidad and Tobago

Trinidad and Tobago: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Trinidad and Tobago
Volume/Issue: Volume 2024 Issue 150
Publication date: June 2024
ISBN: 9798400277153
$20.00
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Topics covered in this book

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Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , Industries - Energy , government initiative , IMF-World Bank FSAP mission , Trinidad and Tobago authorities , stabilization fund , taxation regime , Energy sector , Fiscal stance , Global , Caribbean

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Summary

The economy continues to recover while inflation is low. Banks’ credit is expanding, and the financial sector appears sound and stable. The current account is in surplus and international reserve coverage is adequate. The fiscal position in FY2023 was better than budgeted, while public debt remained below the authorities’ soft debt target.