Trinidad & Tobago

BMI View: Domestic demand remains strong, driven by the fiscal stimulus coming from the public sector. However, monetary tightening will gradually begin to put a brake on private... 2007-02-21

BMI View: A key risk to the government's fiscal position in 2007 is falling oil prices, as oil revenues make up over half of government revenues The 2006-2007 budget was based on... 2007-02-12

BMI View: The end-year decline in inflation may prove a transitory phenomenon. Core inflation remains stubbornly high, and additional price pressures in 2007 by way of expected... 2007-02-12

The government has rejected calls to implement a state of emergency in an effort to control the rampant and increasingly violent crime wave afflicting Trinidad & Tobago. With... 2007-02-12

Real GDP growth was an estimated 12.0% y-o-y in 2006, in line with BMI's forecast. In 2007, it will moderate to about 6.0% y-o-y. Growth will continue to be driven by volume growth... 2007-01-16

On November 30, the London-based privy council ruled unanimously that Trinidad and Tobago's Chief Justice Satnarine Sharma could be arrested and prosecuted on charges of attempting... 2007-01-15

BMI View: Inflationary pressures should eventually begin to subside in 2007, as the lagged effects of the central bank's tightening cycle kicks in. We forecast 8.0% inflation at... 2007-01-07

The opposition United National Congress (UNC) reacted to news that annual inflation had reached 10% by calling for an increase in the minimum wage and the state pension. With food... 2006-12-05

The CPI index hit 10% y-o-y in October, the first double digit inflation since April 1994. The main source of inflationary pressures remains food prices (which account for 18% of... 2006-12-05

BMI View: In general terms, the fiscal position is robust. However, the rapid growth in the non-energy fiscal deficit means that there is a growing imbalance in the public sector.