Economist Dr Indera Sagewan says Trinidad and Tobago’s economy appears to be on a stabilisation path, even as structural constraints, particularly foreign exchange shortages and crime, continue to weigh on business activity and investment.
Reflecting on the first year under the United National Congress (UNC) Government, Sagewan noted that while macroeconomic signals are improving, the recovery remains uneven and fragile.
In an interview with the Express, she said, “While the foreign exchange situation remains tight with demand far exceeding supply, the situation has worsened. The projection by the IMF (International Monetary Fund) based on its analysis of the Government’s programme is projecting positive growth.”
