Trinidad & Tobago's Sluggish Recovery Will Continue In 2019

• According to Fitch, natural gas production growth will be the engine of Trinidad & Tobago’s (T&T) modest economic expansion in the coming quarters, as non-energy sector growth will remain anemic due to an undersupply of hard currency.

 

• Uncertainty in Venezuela and continued capital outflows pose downside risks that will threaten growth in the medium term.

 

• Fitch has downwardly revised their real GDP growth forecasts to 1.9% in 2018, from 2.5% previously, and 1.9% in 2019, from 3.0%, due to signs of weak consumption and investment.

(Source: Fitch)