Government of the Republic of Trinidad and Tobago

Tag: IMF Article IV Consultations

Media Release: The IMF Annual Report underlines the dynamism of Trinidad and Tobago’s Economic Recovery

The Honourable Colm Imbert, Minister of Finance, welcomes the International Monetary Fund’s (IMF) Annual Report on Trinidad and Tobago, published on June 05 2024, which provides an independent assessment of our economy. The IMF underlines that “Trinidad and Tobago is undergoing a gradual and sustained economic recovery.” The unemployment rate decreased to 3.2 percent in…

Media Release: IMF Confirms that Trinidad and Tobago is Undergoing a Sustained Economic Recovery

The Minister of Finance, Hon. Colm Imbert, MP, is encouraged and heartened by the Staff Concluding Statement of the recent IMF 2024 Article IV Mission to Trinidad and Tobago, which predicts a positive medium-term outlook for Trinidad and Tobago. The IMF’s 2024 Article IV visit to Trinidad and Tobago occurred between February 28, 2024, to…

Media Release: Moody’s Investors Services improves Trinidad and Tobago’s credit rating outlook from stable to positive

Today, Moody’s Investors Services, one of the premier international rating agencies which rank the creditworthiness of borrowers, in particular sovereign governments, has affirmed the Ba2 rating of Trinidad and Tobago, but moved Trinidad and Tobago’s outlook upwards from stable to POSITIVE. CLICK HERE FOR FULL MEDIA RELEASE

Media Release: Moody’s Decision on Trinidad and Tobago’s Ratings Clashes with IMF recommendation on Debt Management under COVID

Today (November 19th), Moody’s announces that they brought the rating down by one notch, with a stable outlook.  The Honourable Colm Imbert, MP. Minister of Finance, has noted that “This decision by Moody’s collides with the policy advice we have received from all international organisations to protect our country and support the recovery in the…

Media Release – Concluding Statement of the IMF for its 2021 Article IV Consultation with the Government of Trinidad and Tobago

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit(or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usuallyannual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request touse IMF resources (borrow from…

Media Release: Moody’s confirms Trinidad and Tobago’s credit rating in the midst of the Covid crisis

Today, May 22nd 2020, Moody’s has confirmed Trinidad and Tobago’s rating at Ba1, one of the highest in the Caribbean region. In a series of rating decisions that have seen a number of oil and gas exporting countries downgraded all over the world, Moody’s has simply changed the outlook to negative.