Tobago Economy

Trinidad & Tobago Tobago

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The new administration of Tobago takes office at a time of both opportunity and challenge. Tobago is one of the most beautiful, unspoiled islands in the Caribbean, which is a highly attractive proposition in today’s competitive tourism environment. Tobago is ready for take-off, with the island at a critical point in its economic development. After years of abundance, largely based on a share of the oil and gas revenues generated by Trinidad and Tobago, the island is now facing a fiscal squeeze. Tobago’s GDP slumped sharply in 2016, while its tourism sector has been underperforming for some time. However, these difficulties also present a major opportunity for growth.

This chapter contains an interview with Kelvin Charles, Chief Secretary, Tobago House of Assembly.