Based on Central Bank indicators, domestic economic activity continued to contract in the second quarter of 2021 due to lower energy and non-energy sector performances. However, the gradual reopening of the economy during the third quarter should be growth-supportive.Read More
The global economy entered into recovery mode in the first half of 2021, but the recovery has been uneven across economies.Read More
January 1, 2022Read More
This paper investigates whether an exchange rate depreciation would improve the trade balance for Trinidad and Tobago, within the theoretical underpinnings of the Marshall-Lerner (ML) condition and the J-curve Hypothesis, using data from 1991 to 2020. The ML condition posits that improvement in a country’s trade balance depends on the combined responsiveness of demand for imports and exports, in response to a currency depreciation.Read More
The Central Bank of Trinidad and Tobago is seeking to recruit an outstanding individual for the role of Assistant Manager, External Relations. The External Relations (ER) Department is responsible for developing and coordinating the Bank’s external and internal communications strategy, shaping key messages and advising Management and staff on how best to convey these messages. Closing date for submissions is December 13, 2021.
CARICOM Central Bank Governors discuss regional imperatives to maintain financial stability and support post-pandemic recoveries.Read More
Today Governor Dr. Hilaire participated in the forum discussion on the topic Moving on From Pandemic Response to Resilient Recovery, alongside Dr. Timothy Antoine, Governor - Eastern Caribbean Central Bank, Dr. Gobind Ganga, Governor - Bank of Guyana and Mr. Richard Doornbosch, President - Central Bank of Curacao and St Maarten, moderated by Mr. Deodat Maharaj, Executive Director, Caribbean Export Development AgencyRead More
The Central Bank of Trinidad and Tobago (“the Central Bank”) advises that pursuant to Section 119(2) of the Insurance Act, 2018, the Minister of Finance, after consultation with the Central Bank, has appointed the Trinidad and Tobago Insurance Institute (TTII) as an Approved Educational Institution with effect from January 1, 2021.Read More