Public Sector Investment Programme 2019

The Trinidad and Tobago economy is slowly recovering from a prolonged recession driven by energy supply shocks and low energy prices. With signs of improvement driven by energy sector growth from the second half of 2017, the economy is expected to return to positive growth in 2018 as the recovery takes hold in the non-energy sector. Good progress is being made in implementing fiscal consolidation. As growth improves, policies should focus on completing the fiscal adjustment while insulating the economy from future commodity price swings within a medium-term fiscal policy framework and on creating an enabling environment for the non-energy sector as an engine of growth.

Source: Ministry of Planning and Development

Date Published: September 2018