Trinidad, PORT OF SPAIN
Growth in Trinidad as the economy (1.6%) is
picking up, thanks to stronger demand at home, and a favourable global
environment helped also by rebounding oil prices.
But to secure
more durable growth with widespread benefits, the country needs to invest more
in key sectors, like infrastructure and education, to boost productivity over
the longer-term, the IMF said in its latest regional assessment.
The Regional
Economic Outlook for the Western Hemisphere estimates growth for the region to
increase from 1.3 percent in 2017 to 2 percent in 2018. For 2019, the report
forecasts growth to continue to pick up to 2.8 percent.
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