IMF Staff Country Reports

Trinidad and Tobago: Selected Issues and Statistical Appendix

Publication Date:

August 4, 2003

Electronic Access:

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Summary:

This paper analyzes the historical and current energy booms of Trinidad and Tobago, and points out the main policy issues during boom times. It provides practical suggestions on the long-term management of the expected resource windfall in Trinidad and Tobago, and outlines theoretical guidelines to calculate sustainable consumption out of energy wealth and targets sustainable levels of non-energy fiscal deficits. It discusses the developments, main policy issues in the state-owned nonfinancial enterprise sector, and the proposed restructuring plan for the state sugar company. It also provides a Statistical Appendix for Trinidad and Tobago.

Series:

Country Report No. 2003/233

Subject:

Agricultural commodities Commodities Commodity booms Economic sectors Fiscal policy Oil Public enterprises