Excerpt: “The Honourable Davendranath Tancoo, MP, Minister of Finance, has welcomed the successful conclusion of the 2026 Article IV Consultation by the Executive Board of the International Monetary Fund (IMF). Minister Tancoo noted that the assessment provides a crucial signal of renewed international confidence in Trinidad and Tobago’s economy, coming just over one year after the current Administration assumed office.

Key macroeconomic highlights from the report include:

• Inflation: Returned to low levels.
• External Position: The current account remains firmly in surplus.
• Financial Sector: The banking system remains well-capitalised and sound, with steady credit growth.
• National Buffers: International reserves are projected to remain adequate at approximately 5.5 months of import cover. This is backed by substantial liquid assets in the Heritage and Stabilisation Fund (HSF), equivalent to roughly 25% of GDP.”