IMF Approves Of T&T’s Policies

IMF approval of the monetary and fiscal policies in Trinidad and Tobago has been noted by the Ministry of Finance, as gratifying. They say the opinion of the international organisation can be seen in the release of the Concluding Statement of their two-week 2023 Article IV Mission to Trinidad and Tobago.

The Finance Minister, Colm Imbert, extended his thanks to the IMF team, for what he says is the thorough work and high quality exchanges that took place, during the two-week Mission.

The Minister noted the IMF’s acknowledgement of this country’s prudence, resilience and medium-term orientation in fiscal policy. He says this is indeed gratifying, coming as it does after the multiple shocks faced by Trinidad and Tobago and the world economy over the last 3 years.

The Finance Minister says the statement points to the broad-based recovery of the economy, with a projected growth for 2023 at 3.2%, even higher than the Government’s own projections for growth.

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