IMF acknowledges Government’s reform efforts and economic diversification progress

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BOD Meeting Hon. Dave Tancoo and CAF s Executive President Sergio Diaz Granados

Finance Minister Davendranath Tancoo says the International Monetary Fund has acknowledged the Government’s efforts to advance reforms and diversify the economy.

The Ministry of Finance says the comments came at the conclusion of the IMF’s two-week official visit to Trinidad and Tobago under the 2026 Article IV Consultation, the Fund’s annual review of member countries.

According to the ministry, the IMF team, led by Ana Guscina, held wide-ranging meetings with economic, political and social stakeholders during the mission.

Those discussions focused on recent macro-economic developments, the medium-term outlook, and the Government’s ongoing reform agenda.

The ministry says the IMF observed that stronger regional and international engagement, along with opportunities linked to developments in Venezuela, are generating positive momentum for the country and increased interest from global investors.

The annual Article IV consultation is the IMF’s standard review process, during which the institution assesses a country’s economic performance and policy direction through discussions with public and private sector stakeholders.

The Ministry of Finance says the visit provided an opportunity to highlight Government’s reform efforts and its push toward economic diversification.

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