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Trinidad and Tobago: 2004 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Trinidad and Tobago

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  • International Monetary Fund

Abstract

This 2004 Article IV Consultation highlights that Trinidad and Tobago’s economy, which is endowed with large energy reserves, is experiencing a strong energy sector-based expansion owing to increased output and high international prices. The energy sector already accounts for about 40 percent of GDP, 83 percent of domestic goods exports, and slightly more than 40 percent of government revenue. The balance of payments recorded an increased surplus in 2003, despite large capital outflows, reflecting the strong performance of the energy sector.

Suggested Citation

  • International Monetary Fund, 2005. "Trinidad and Tobago: 2004 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Trinidad and T," IMF Staff Country Reports 2005/004, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/004
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17964
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    Cited by:

    1. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    2. Mr. Luis Catão & Mr. George A Mackenzie, 2006. "Perspectiveson Low Global Interest Rates," IMF Working Papers 2006/076, International Monetary Fund.
    3. Saungweme, Talknice & Odhiambo, Nicholas M, 2019. "Sovereign debt and economic growth in Zimbabwe: Amultivariate causal linkage," Working Papers 25680, University of South Africa, Department of Economics.
    4. International Monetary Fund, 2006. "Bosnia and Herzegovina: Selected Issues," IMF Staff Country Reports 2006/368, International Monetary Fund.

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