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Title Trinidad and Tobago : 2016 Article IV consultation; press release; staff report; and statement by the Executive Director for Trinidad and Tobago
Published Washington, D.C. : International Monetary Fund, [2016]
©2016

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Description 1 online resource (73 pages) : color illustrations
Series IMF country report ; no. 16/204
IMF country report ; no. 16/204.
Contents Cover; CONTENTS; RECENT DEVELOPMENTS; MEDIUM-TERM OUTLOOK AND RISKS; POLICY DISCUSSIONS; STAFF APPRAISAL; BOXES; 1. The Impacts of Fuel Subsidies in Trinidad and Tobago; 2. A Fiscal Rule for Trinidad and Tobago; FIGURES; 1. Key Economic Developments; 2. External Sector Developments; 3. Monetary Sector Developments; 4. Fiscal Sector Developments; TABLES; 1. Selected Economic Indicators; 2. Summary of the Central Government Operations; 3. Summary Balance of Payments; 4. Summary Accounts of the Central Bank; 5. Monetary Survey; 6. Indicators of External and Financial Vulnerability; ANNEXES
I. External Stability AssessmentII. Debt Sustainability Analysis; III. Risk Assessment Matrix; IV. A Case Study of Diversification in Trinidad and Tobago; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK; RELATIONS WITH THE INTER-AMERICAN DEVELOPMENT BANK (IDB); STATISTICAL ISSUES
Summary This paper discusses economic developments, outlook, and risks in Trinidad and Tobago. The economic output of Trinidad and Tobago has continued to shrink. Ongoing maintenance and further declines in gas and oil production are estimated to have driven energy output 4.7 percent lower (year over year) as of September 2015. The longstanding current account surplus turned into a 5.4 percent of GDP deficit in 2015. The significant terms-of-trade shock implies that the real effective exchange rate has become more overvalued. Risks to growth are tilted to the downside, and much will depend on the authorities' ability to navigate the transition to the lower energy price environment
Notes "June 2016."
"May 5, 2016"--Page 2 of pdf
Bibliography Includes bibliographical references
Notes Description based on online resource; title from pdf title page (IMF.org website, viewed August 5, 2016)
Subject International Monetary Fund -- Trinidad and Tobago
SUBJECT International Monetary Fund fast
Subject Economic development -- Trinidad and Tobago
Foreign exchange rates -- Trinidad and Tobago
Economic development
Economic history
Economic policy
Foreign exchange rates
SUBJECT Trinidad and Tobago -- Economic conditions
Trinidad and Tobago -- Economic policy
Subject Trinidad and Tobago
Form Electronic book
Author International Monetary Fund, publisher.
ISBN 9781475578232
1475578237
Other Titles 2016 Article IV consultation; press release; staff report; and statement by the Executive Director for Trinidad and Tobago