Government of the Republic of Trinidad and Tobago

Media Release: Prudent Policies and Growth welcomed by the IMF in the Concluding Statement of the 2023 Article IV Mission to Trinidad and Tobago

Today, the IMF has released the Concluding Statement of its two-week 2023 Article IV Mission to Trinidad and Tobago. It is a yearly health-check by international experts, of Trinidad and Tobago’s economy and finances.

The Minister of Finance, the Honourable Colm Imbert, MP, extends his thanks to the IMF team, “for the thorough work and high quality exchanges that have taken place during the two-week Mission”.

The concluding statement points to the ongoing broad-based recovery of the economy, with a projected growth for 2023 at 3.2% (following 2.5% in 2022), even higher than the Government’s own projections for growth. “Such positive outlook”, adds the Minister, “is notable given the complicated international economic context”.