A new regional economic report is painting a cautious picture for Trinidad and Tobago’s economy.
The IMF estimates growth of just 0.7 percent in 2026, as modest gains in the non-energy sector struggle to offset a continued decline in energy production.
The Caribbean Economic Report warns of ongoing foreign exchange shortages and highlights concerns about current exchange rate policies.
Meanwhile, inflation remains low at 0.7 percent, but unemployment has edged up to 4.8 percent.
There is some optimism ahead, with energy output expected to recover by 2027, and new gas projects involving BP and Shell now cleared to proceed.
However, the outlook remains subdued unless major policy improvements are made.
