CATEGORY: OBG Business Barometer

Jaime Perez-Seoane de Zunzunegui
31 July 2018
OBG Business Barometer

Progress on fiscal consolidation and a recent rebound in commodity prices have led to a more optimistic medium-term outlook. In our previous OBG Business Barometer: Trinidad & Tobago CEO Survey, released in late 2017, 57% of C-suite executives had positive expectations for the coming 12 months, which improved
to 69% in our latest results. Furthermore, over two-thirds say they are likely or very likely to make a significant capital investment in the coming year. This is perhaps due in part to the country’s favourable tax environment, which 64% of respondents describe as competitive or very competitive on a global scale.

Jaime Perez-Seoane de Zunzunegui
31 July 2018
OBG Business Barometer

Only a couple weeks ago the IMF released a statement on Trinidad & Tobago, embracing the reforms undertaken by the twin-island sovereign in recent months. After two years of economic recession the IMF projects a return to growth in 2018.

Jaime Perez-Seoane de Zunzunegui
10 July 2018
OBG Business Barometer

In early June the Central Reserve Bank of Peru (Banco Central de Reservas del Perú, BCRP) revised its 2019 growth projections for the local economy, forecasting GDP to expand by 4.2% next year, up from its March prediction of 4%. The institution maintained its projection of 4% for 2018.