The International Monetary Fund (IMF) yesterday projected that the T&T economy would grow by 0.8 per cent in 2026, and that inflation is expected to rise temporarily to around 3.1 per cent this year.
In its Article IV Consultation on T&T, which was completed on Friday but published yesterday, the IMF said the higher inflation reflected global commodity price developments.
The staff mission of the Washington DC-based international financial institution said the country’s overall fiscal deficit is expected to decline to 4.6 per cent of GDP in 2026 (from 5.5 per cent in 2025), and international reserves are expected to remain adequate around 5.5 months of imports.
