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T&T predicts economy recovery

Published:Wednesday | September 9, 2009 | 9:16 AM

Trinidad and Tobago’s Finance Minister Karen Nunez-Tesheira is predicting recovery for the country\'s economy next year.



During her presentation of the national budget to parliament, she said the economy was forecast to grow 2 per cent after a projected contraction of 0.9 per cent this year, largely the result of lower energy prices.



Mrs Nunez-Tesheira also confirmed plans to help Caribbean economies, which have been harder hit by the downturn.



She identified Dominica as a partner in sourcing construction aggregate, such as sand and crushed stone.



The minister also outlined a project to maintain Trinidad\'s coast guard vessels in St Vincent and commercial aircraft in Grenada.