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Macro - Country Economic Forecasts - Trinidad and Tobago

Publisher Oxford Economics
Published Nov 11, 2024
Length 3 Pages
SKU # OFE19321902

Description

Macro - Country Economic Forecasts - Trinidad and Tobago



We forecast GDP growth for Trinidad and Tobago of 2.7% for next year and 2.6% for 2026. This reflects greater capital spending by the government and public wage settlements with unions, helping to lift capital formation and consumption. But due to these fiscal measures, we’re less optimistic on the government balance and now expect the government will run a deficit equivalent to 1.3% of GDP next year and 1.1% in 2026.

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3 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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