IMF: T&T’s immediate priorities include speeding up COVID vaccination

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    (Stock Image: torstensimon from Pixabay)

    The International Monetary Fund says T&T’s immediate priorities are accelerating COVID-19 vaccinations and supporting economic recovery.

    The IMF released a concluding statement which includes the preliminary finds of its staff at the end of an official visit or mission, in most cases to a member country.

    It says T&T faced unprecedented challenges in 2020-21 but that authorities’ “decisive policy response helped contain COVID-19’s spread, protect lives and livelihoods, and pave the way for a strong recovery.”

    The IMF says once recovery is firmly in place, policy attention should focus on reducing public debt levels and rebuilding fiscal buffers, supported by a credible fiscal framework.