Description |
1 online resource (73 pages) : color illustrations |
Series |
IMF country report ; no. 16/204 |
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IMF country report ; no. 16/204.
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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 |
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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." |
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"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
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic development -- Trinidad and Tobago
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Foreign exchange rates -- Trinidad and Tobago
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Economic development
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Economic history
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Economic policy
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Foreign exchange rates
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SUBJECT |
Trinidad and Tobago -- Economic conditions
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Trinidad and Tobago -- Economic policy
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Subject |
Trinidad and Tobago
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Form |
Electronic book
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Author |
International Monetary Fund, publisher.
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ISBN |
9781475578232 |
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1475578237 |
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