On May 10, 2018 at the Mid-Year Fiscal Budget Review, the Minister of Finance made a surprising announcement that the economy of T&T had “turned around”. One month before, the IMF revised its 2018 growth forecast down from 1.8% to just 0.2%. Days before, Standard and Poor’s changed the outlook on its sovereign rating to […]
SPECIAL REPORTS
The quarterly economic update provided by the Governor of the Central Bank contained many important data revisions and insights – some of which may not have been obvious. To start with, as we expected, the 2017 growth rate was revised – from 1.0% reported in January 2018 to 0.6% affirmed in May 2018. Growth has therefore […]
Barbados Special Report Feb 2018: Q&A with Marla Dukharan
- February 15, 2018
Barbados’ international reserves fell at the end of 2017 to the lowest level since January 1996. Meanwhile, the Central Bank has been financing the government through printing and the use of commercial bank excess reserves, with the monetary base doubling since the beginning of 2014. Economic growth for 2017 was estimated by the Central Bank […]
TT Budget Review FY2017/2018
- October 4, 2017
Marla reviews top highlights from the 2017/2018 budget statement for Trinidad and Tobago, takes a deeper look at the budget (expenditures, revenue and deficit), evaluates what generates growth in T&T and discusses how to stimulate exports and investment.
BREXIT implications for the Caribbean
- September 20, 2017
Dukharan evaluates risks and long-term impacts of the BREXIT decision for the Caribbean, geopolitical implications and recommendations for Caribbean governments.
Trinidad & Tobago Ratings Downgrades May 2017
- September 20, 2017
S&P and Moody’s downgraded Government of T&T sovereign credit ratings by one notch in April 2017. Dukharan discusses implications, underlying causes and policy recommendations.
Barbados Budget and Outlook 2017
- September 20, 2017
Dukharan reviews the Fiscal 2016/2017 budget measures, providing insights on implications and feasibility, as well as economic risks and key items to track.
Barbados Special Report April 2017
- September 20, 2017
In the context of credit-rating downgrades, waning investor confidence and increased uncertainty, Dukharan discusses underlying economic issues and the outlook for 2017/2018.
Barbados Budget Statement and Outlook Fiscal Year 2017/2018
- September 20, 2017
Economic and fiscal risks for 2017/2018 are discussed by Dukharan, including the attainability of outlined budget targets and necessary measures to achieve a sustainable economic trajectory.