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Finance Minister welcomes IMF annual report

The Finance Minister says the latest IMF report recognizes that government’s reform has put the economy on the right track.

In a media release, Mr Colm Imbert welcomed the annual report published yesterday which he says shows T&T undergoing a gradual and sustained economic growth.

The report noted a decrease in the unemployment rate to 3.2% in 2023 and a decline in inflation from 8.7% in December 2022 to 0.3% in January 2024.

The Minister notes that the IMF has forecast that “economic growth in projected to gain momentum in 2024.”

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