IMF confident T&T’s economy will grow this year

The International Monetary Fund, IMF, says there is concrete evidence to suggest that Trinidad and Tobago’s economy is turning the corner and will grow by one point seven per cent this year.



This assessment came after a team from the IMF wrapped up its latest round of consultations with government and business leaders in the twin island republic yesterday.



Despite the ongoing disruptions in the energy sector, head of the IMF Mission Judith Gold says economic growth will resume in Trinidad and Tobago after two years of decline.



However, Gold warns that the global economic environment, uncertainty in gas prices, and any delays in implementing the government’s investment programme could slow down the momentum.



The IMF mission visited twin-island republic from February 1-10.



editorial@gleanerjm.com