TAG: Trinidad & Tobago

Jaime Perez-Seoane de Zunzunegui
12 July 2016
Economic Snapshots

Although low oil and gas prices in 2015 had a negative economic effect on Trinidad and Tobago, the current government is pursuing a series of reforms aimed at both strengthening the energy sector and diversifying the wider economy.

Jaime Perez-Seoane de Zunzunegui
2 November 2016
OBG Business Barometer

In late 2015 T&T’s newly elected government inherited an economy sliding into recession as a consequence of lower global energy prices. In response, the Keith Rowley administration has moved towards a policy of fiscal discipline, with further austerity measures expected under the forthcoming 2017 budget. In spite these challenges, after surveying business leaders across all sectors of T&T’s economy, Oxford Business Group found indications that many companies are in fact taking advantage of this period of slower growth to assess their operations and prepare for future expansion ...

Jaime Perez-Seoane de Zunzunegui
3 November 2016
OBG Business Barometer

The fall in oil and gas prices has been longer and more pronounced than what nearly all experts anticipated when the decline started in mid-2014. This has had significant impacts on all hydrocarbons-rich countries around the world, and Trinidad and Tobago is no exception. Having over a century of experience in producing oil, however, T&T has ridden out and recovered from the ups and downs of this industry, coming out stronger each time.