European Parliament Library

Trinidad and Tobago :, 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

This 2006 Article IV Consultation highlights that economic developments in Trinidad and Tobago continue to be underpinned by a favorable international environment. Surging energy prices, the exploitation of new gas fields, and an expansion of industrial capacity helped sustain robust economic activity. However, there are signs that the economy is operating at, or near, potential. The monetization of foreign currency energy receipts by the government has introduced a substantial degree of liquidity into the financial system. The banking sector remains profitable, nonperforming loans are low, and provisioning increased compared with the last year
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Economic Developments; III. Outlook for 2006-07 and the Medium Term; IV. Report on the Discussions; A. Fiscal Policy; B. Monetary and Exchange Rate Policies; C. Structural Issues; V. Staff Appraisal; Boxes; 1. Developments in Tobago-Opportunities and Challenges; 2. Heritage Stabilization Fund Bill; 3. Medium-Term Fiscal Sustainability and Policy Options; 4. Real Exchange Rate Developments; Figures; 1. Macroeconomic Performance in a Regional Context; 2. Real Sector Developments, 2001-06; 3. External 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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