The International Monetary Fund (IMF) team has presented its preliminary findings and has highlighted several positive developments in T&T’s economy.
This comes as the IMF staff team, led by Ms. Ana Guscina, met with Finance Minister Davendranath Tancoo on Monday for the concluding meeting of their two-week official visit.
The Finance Ministry said the IMF outlined its preliminary findings pointing to a strengthening economy, noting that T&T’s ongoing recovery is being driven by continued strength in the non-energy sector, notably services and manufacturing.
It also pointed to favourable medium-term prospects fuelled by major energy sector developments, with GDP growth now projected to rise to 2.9% in 2027 and 3.5% in 2028, reflecting expected gains from future energy projects.
Minister Tancoo welcomed the IMF’s assessment. He said the Government looks forward to reviewing the final report once it is completed and submitted to the IMF Executive Board.