IMF predicts modest growth in 2013
Oct 07, 2013
WASHINGTON, CMC – After registering “disappointing growth" in 2012, Trinidad and Tobago is poised for a modest recovery in 2013, the International Monetary Fund (IMF) has said.
In a statement, the Washington said the economy is reviving and that maintenance-related outages would continue to hamper the energy sector. It said the non-energy sector should grow around 2.5 per cent and core inflation remains moderate.
The IMF said it estimates considerable slack in the economy and that policy should support the economy in the short run.
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