Tough Talk

Tough Talk

Trinidad & Tobago Economy & Policy

By Sean Mattson The Caribbean’s top-rated sovereign is really the tale of two countries. After smartly stashing energy windfalls, Trinidad and Tobago was able to weather the global economic crisis, but it now faces sluggish growth as it struggles to diversify its energy-based economy, stem a crime wave and bring greater transparency to government. Key to bolstering economic growth will be the government’s ability to get the energy sector back on its feet after watching oil output slip to 100,000 barrels per day, the lowest level seen in 54 years. “The new minister of energy has been pushing to get further investment…in deep drilling, which is capital intensive, but the country will n

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial