Public Spending and Investment To Support Economic Rebound In T&T

• Fitch solutions expect a modest economic recovery in Trinidad and Tobago in 2020, with real GDP growth of 0.4% y-o-y, following an estimated contraction of -0.1% in 2019, a fourth consecutive year of recession.
• Higher levels of public spending and minor gains in investment will pave the way for T&T's economic recovery. However, weak consumption levels and poor energy exports in light of declining production and subdued global energy prices will keep growth contained.

(Source: Fitch)