Trinidad and Tobago's prime minister said the IMF's 2026 Article IV review validates her government's economic turnaround after just over 1 year in office.
The IMF assessment highlighted low inflation, a stable and well-capitalised banking sector, a strong external position and adequate reserves backed by the Heritage and Stabilisation Fund.
Kamla Persad-Bissessar said those gains followed fiscal reforms aimed at restoring investor confidence, even as her government delivered a 10% wage increase for public servants and revived social programmes.
The IMF still warned that the Middle East war could weigh on the economy, while saying faster reforms under the Revitalisation Blueprint and sustained investment could lift medium-term growth.
Persad-Bissessar said rising foreign direct investment, energy-sector revitalisation and less bureaucracy should create jobs and support broader economic diversification.
Is Trinidad and Tobago's recovery real or just a boom fueled by volatile energy prices?
With debt high and growth uneven, will citizens see real benefits from this economic plan?