European Parliament Library

Trinidad and Tobago :, Staff Report for the 2011 Article IV Consultation

This 2011 Article IV Consultation highlights that the economy of Trinidad and Tobago is turning the corner, and growth is expected to resume in 2012 after an extended slowdown lasting three years. Real economic activity is expected to increase by 1.7 percent in 2012 as the nonenergy sector picks up momentum with the acceleration of government investment. Executive Directors have welcomed the signs of economic recovery following a prolonged slowdown, and commended the authorities for implementing supportive policies, aided by ample buffers, which had helped maintain stability
Table Of Contents
Cover; CONTENTS; RECENT DEVELOPMENTS AND OUTLOOK; POLICY DISCUSSIONS; A. Fiscal Policy; B. Monetary, Financial Sector, and Exchange Rate Policies; C. Growth and Diversification; STAFF APPRAISAL; BOXES; 1. Upward Bias in the Inflation Index; 2. The 2011/12 Budget; 3. Fiscal Sustainability; 4. Implementation of the 2011 FSSA's Key Recommendations; 5. Assessment of Reserve Adequacy; 6. Tourism in Tobago: Developments, Prospects and Challenges; FIGURES; 1. Key Economic Developments; 2. Comparative Macroeconomic Performance; 3. Monetary Developments; 4. Fiscal Sector Developments
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (58 p.)
Specific Material Designation
Form Of Item

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