April 17, 2021

IMF projects further contraction of Trinidad and Tobago economy this year

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From Jamaican Gleaner WASHINGTON (CMC): The International Monetary Fund (IMF) says Trinidad and Tobago’s output has continued to shrink while declines in global energy prices are leading to surging fiscal deficits and are pushing the external current account of the oil-rich twin island Republic into deficit. The Washington-based financial institution said energy output is sharply […]