Venezuela's crisis: This is not about politics or oil - this is about people. Preliminary GDP growth for 2018: DomRep +7%; Cuba +1.2%; T&T +0.8%;
Bahamas Central Bank highlights importance of fiscal prudence in reducing pro-cyclicality, Barbados economy contracted 0.5% from Jan-Sept 2018, Cayman delivers fiscal surplus nearly double its
External public debt expands 31% y/y in Bahamas, Barbados targets 6% primary surplus under IMF program, Cayman economy expands 4.0% y/y in Q1 2018, Remittances
Rising international oil prices stoke inflation throughout the region and induced a rise in , Barbados economy contracted in H1 2018 by 0.6%, Cuba's economy
January 4, 2019
Contrary to what the Government would like us to believe, the T&T economy is in anything but a recovery and has NOT turned around. This
November 5, 2018
Marla reviews and analyzes recent development in the ECCU countries, offering insights into what is impacting growth, fiscal accounts, tourism, and projections for economic activity.
October 17, 2018
Marla reviews the most recent developments related to the announced closure of Petrotrin. This brief is a summary of information, data and statements related to
July 16, 2018
The National Investment Fund (NIF) bond issuance by government is consistent with government's plans outlined in the budget to finance its deficit through borrowing, drawdowns from the HSF, and divestment of state assets. The way in which this proposed TTD4 billion will be raised, poses some questions and issues, which Marla discusses in this Q&A.
April 28, 2018
S&P has revised the outlook downward on its sovereign credit rating for Trinidad & Tobago, citing macroeconomic risks and external imbalances and coinciding with my view that such imbalances may deplete external assets “faster than expected.” The rating was left at BBB+.
January 29, 2018
The IMF’s Article IV Staff Report on Trinidad & Tobago published in November 2017 validated Marla's view that around 2021 - 22, if everything continues as is, T&T may run into a Balance of Payments crisis, and have to ask the IMF for support.