Monday, October 7, 2013

Trinidad & Tobago: Economy recovers - expected to grow 2.5% in 2013

After registering “disappointing growth" in 2012, Trinidad & Tobago is poised for a modest recovery in 2013.

The economy of Trinidad & Tobago had contracted at a rate of 1.6 percent over the past four consecutive quarters.

The twin-island nation's central bank in it's latest report revealed that the country had seen “slow but steady year-on-year growth” from July 2012 to June 2013, driven by the non-energy sector.

The report further revealed that the non-energy sector would

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